Nearly one in three pension savers (32%) want to pass on the remainder of their pension pot to their families when they die, according to new research.

Scottish Friendly CEO Jim Galbraith has died after over 30 years at the mutual.

More than four in ten (45%) British savers expect to draw cash out of savings and investments to cope with the impact of Coronavirus on their household’s finances.

Scottish Friendly has completed the acquisition of a large book of life and pensions policies from Canada Life in a move which will see its assets under management more than double to over £5bn.