
Story by: Rob Langston, FTAdviser
The baby boomer generation are not prepared for their financial future and many of them are concerned their finances will not last the duration of their retirement, according to Axa Wealth.
Retirement planning continues to be the number one advice driver when searching for an independent financial adviser, the latest figures from Unbiased revealed.
Carey Pensions UK, the self-invested personal pension provider, has teamed up with recently re-launched stockbroker Albert E Sharp to provide its discretionary fund manager services in a pension wrapper.
The Pension Protection Fund has announced its intention to diversify the asset allocation of its £3.9bn portfolio into private equity and infrastructure in a bid to boost investment returns.
The value of variable annuity sales fell to £1.05bn last year, according to research by consultants Towers Watson.
Government ministers have failed to grasp the need to reform public sector pensions, according to Steven Webb of the Liberal Democrats.
Women are failing to plan for their financial futures and should undergo a financial makeover, according to Defaqto.
The Treasury’s calculations for the future cost of public sector pensions fail to consider the possibility of an increasing workforce and longer life expectancy, the National Audit Office has warned.
The workforce deficit has to be plugged by increasing the number of older workers, according to a study by Allianz.
Members of final salary schemes may get more cash if their pensions were not amended properly, according to pension experts from BDO Investment Management.
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