AJ Bell, Quilter, Hargreaves Lansdown and Interactive Investor CEOs send joint letter
Pensioners over-taxed by £1.3bn since 2015
Dramatic spike in government borrowing costs
CEO says firm is ‘particularly mindful’ of upcoming Budget
Single state pension increases to £11,975 per year
A total of 13% of shareholders voted against the deal
Conjecture driving savers to withdraw ‘excessive funds’
Following 9 August takeover offer
Annuity sales up 38.7% to 80,061 in 2023/24
LISA reform needed: ‘It is a worst of both worlds’