Retirement

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.

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.

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.

Retirement Planner has launched of a series of breakfast briefings aimed at advisers operating in the retirement planning space.

A quarter of consumers plan to make paying down their debt a priority in the coming year, research by a financial services firm has found.

A financial planning tools provider has written to the Financial Conduct Authority (FCA) requesting it look into the appropriateness of stochastic models currently used by advisers amid concerns over their quality.

Aegon is overhauling its funds for workplace pensions to offer equity-heavy multi-asset plans, in a move away from the industry standard of switching those nearing retirement into ‘safe-haven' cash and gilts.

The government expects some people to "make the wrong choices" and receive a worse outcome than under the existing system when changes designed to give retirees the power to do as they wish with their savings are rolled out in the spring, pensions minister...

Almost half of consumers due to retire within the next decade will be seeking help from regulated financial advisers, research claims.