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Fewer people are cutting pension or SIPP contributions as the cost-of-living crisis eases, according to new data.
Financial Planner and wealth manager Evelyn Partners has reported that AUMA ended the three months to the end of March at a record high of £61.8bn, an increase of 13.6% over the last year.
Demand for international pensions and savings vehicles is growing beyond expatriate communities, according to data analysts WTW.
Nest, the auto-enrolment pension provider, has appointed Northern Trust as its new fund administrator to help the pension scheme coordinate its investments across its diversified portfolio.
Nine out of 10 of the UK’s high net worth individuals (HNWIs) have postponed major decisions such as retiring because of the cost-of-living crisis, according to data compiled by the Saltus Wealth Index Report.
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The National Audit Office has warned that a rise in supplier costs and the delivery timetable being extended by two years have increased the government’s Pensions Dashboards programme’s estimated cost by 23%.
More than 1m mortgages taken out in the past three years extend beyond the borrower’s state pension age, prompting fears that young home buyers are gambling with their retirement income.
The Pensions Dashboards have been hugely delayed, already cost millions in development costs, are years behind schedule and many have written them off as a disaster.
King Charles III is to become the next Patron of the Chartered Insurance Institute, the professional body announced today.