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  • Buffet to step down as CEO of Berkshire Hathaway

    Veteran investor Warren Buffett will step down as chief executive of Berkshire Hathaway at the end of the year, after more than 60 years at the helm of the US conglomerate.

  • Retirees should be asked about gambling habits

    A new call has come for financial services firms to collaborate and establish industry practices to address concerns around customers who have been impacted by gambling.

  • Centenerians double in 20 years, raising pension challenges

    The number of people aged 100 or over has doubled in the last 20 years while the number of 90-year-olds is steadily climbing, according to newly-published official government figures.

  • Only half of adults confident of working to 70

    As retirement ages get pushed back, new research suggests UK workers are far from confident that they will be able to do their job by the age of 70.

  • Youngest Gen X earn £7,000 more than oldest

    The youngest Gen X households earn around £7,000 more than the oldest as older Gen X members drop out of the workforce or go part-time, putting strain on their retirement savings.

  • Standard Life chief Curran to retire in the summer

    Standard Life chief executive Andy Curran will retire in the summer after 35 years in the sector and five years at the helm of Standard Life.

  • One in four accessing pensions at 55 without advice

    One in five - 21% - people who withdrew a cash lump sum from their pension pot did so as soon as they turned 55, many without taking advice or guidance from an expert.

  • Women face income and spending gap in retirement

    Women over 55 will receive nearly £6,000 less in pension income annually than men while spending £1,200 more than their expected pension income each year in retirement.

  • Over-50s less prepared for retirement shocks

    Older people are less prepared for retirement shocks such as ill-health, relationship woes or urgent financial support needs from their wider family, according to new research.

  • People not confident about retirement finances

    The majority (60%) of UK adults are not confident they’ll have enough money to live comfortably in retirement, according to a new study.

  • Chancellor considering lump-sum pension withdrawal limit cut

    Chancellor Rachel Reeves is considering cutting the lump sum savers can remove from their pension without having to pay tax, according to reports.

  • 2 in 5 women never reviewed pension forecast

    Two in five British women (37%) have never reviewed their pension forecast, according to new research.

  • 59% of millennials struggle to save for retirement

    Six in ten millennials (59%) reckon their current life stage means they struggle to save for retirement, with only one in five (20%) saying paying into their pension is a priority.

  • Urgent need for better at-retirement support

    There's an urgent need for better at-retirement support, according to former pensions minister Steve Webb, who has called on the FCA to speed up its advice/guidance review.

  • FCA data reveals surge in pension withdrawals

    The latest FCA retirement income data for 2023/24 has revealed a 20% rise in the number of pension plans accessed for the first time between April 2023 and March 2024.

  • Half of workers planning phased retirement

    Nearly half (49%) of workers aged 50 or older want to phase into retirement (32%) or have already done so (17%), according to a new survey.

  • Future retirees less likely to leave inheritance

    Two thirds (68%) of UK adults believe it’s important they leave an inheritance, but mortgage and rental costs are hitting their hopes of handing down a legacy.

  • Half of people 'unprepared' for retirement

    Britons are woefully unprepared for retirement, with half saying they do not feel confident they will have financial freedom when they stop work.

  • Editor Kevin O'Donnell

    Editor’s Comment: ‘Help, my planner’s retired’

    Financial Planners play a unique role in the lives of their clients. For clients losing their planner, at some point due to retirement or exit, can be a challenging, unsettling time.

  • ‘Scrooge’ style Autumn Statement coming - tax expert

    A TAX expert is braced for a ‘Scrooge’ style Autumn Statement, with little festive cheer despite the imminently arriving Yuletide season.

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