Retirement

Pensions consultant and wealth manager Mattioli Woods has bought Thoroughbred Wealth Management (TWM) in a £6m deal.

The financial regulator has issued a fresh warning to consumers on the dangers of early pension release scams, also known as pension liberation schemes.

Prudential is being criticised for including quotes for with-profits annuities alongside conventional annuities in information packs sent to retiring customers.

Delays, overpayments, errors and entitlement disputes topped the list of complaints investigated by The Pension Advisory Service's (TPAS) over the past year.

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Justin Welby, the Archbishop of Canterbury, is "embarrassed" and "irritated" by revelations that the Church of England pension scheme indirectly invested in payday lender Wonga.

The Treasury's handling of Equitable Life policyholders' compensation has been "unacceptable poor" and hindered by "delays and spiralling costs", the Public Accounts Committee will say later.

Female life expectancy aged 65 varies by up to 5.7 years from region to region, research from the Office for National Statistics (ONS) finds.

A million workers have now been automatically enrolled into a workplace pension scheme under a government policy to get more people saving for their retirement.

People living in expensive areas could lose nearly a fifth of their retirement income for life by not declaring their medical conditions, the insurer Partnership has found.