Pensions

Citizens Advice has revealed the location of the first 44 centres that will deliver face to face guidance to retirees under the Pension Wise scheme.

A fifth of UK workers are facing a significant shortfall in their retirement incomes as a result of the 2008 economic crash, according to HSBC research.

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Major shareholders, including Old Mutual's Richard Buxton have thrown their weight behind Aviva's £5.6bn takeover bid of Friends Life, saying the deal would strengthen both sides.

The government's new bonds for the over 65s have seen the biggest opening sales of any retail financial product in Britain's modern history, after more than 110,000 customers invested in the products, National Savings & Investments (NS&I) has said.

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While pension savers back the upcoming pension freedoms they are ‘daunted' by the scale of choice on offer and want providers to offer them a default investment or drawdown choice, research has found.

The Budget freedoms that come into force in April could trigger mis-selling claims worth billions of pounds, law firm Sackers has warned.

Schroders has launched a fund to help defined contribution (DC) members coming up to retirement take advantage of incoming Budget flexibilities.

National Savings & Investments (NS&I) has been accused of underpreparing for the launch of its pensioner bonds after its website temporarily crashed shortly after they went on sale.