Pension experts said that today’s figures from the PLSA about retirement living standards should be a ‘wake-up call’ for savers.
Platform and SIPP provider AJ Bell increased its platform customer numbers by 9% to 593,000 over the past six months, the business reported today in interim results.
The Treasury has launched a new gilt offering the equivalent of 5.375% interest until January 2056 but investors need to act quickly, says AJ Bell, as orders need to be made through the platform by 2.30pm today.
UK GDP grew by 0.7% in the first three months of 2025, above what most economists had expected.
Net sales rose by 35% over the first quarter from £5.6bn to £7.4bn at the end of the quarter, according to new data.
Over £280bn is sitting in UK bank accounts earning no interest, according to data released today by the Bank of England.
Total advised customers for investment and SIPP platform AJ Bell rose 7% year-on-year to 177,000 in the first quarter.
Most savers and retirees should be wary of abrupt changes to their investment strategy despite global stock markets this week continuing to see-saw and millions seeing the value of their DC retirement pots fall in value.
Only a third, 33%, of active funds have outperformed passive alternatives over 10 years and just 31% of active funds outperformed passive funds in 2024.
AJ Bell has agreed to sell its Platinum SIPP and SSAS business to InvestAcc Group for £25m, with the deal expected to complete in the second half of this year.
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.
The number of adviser gilt purchases through AJ Bell Investventre’s gilt dealing service increased by 436% in 2024.
Platform and SIPP provider AJ Bell has reported a jump in advised customers over the past year of 8% to reach 174,000, according to a quarterly trading update issued today.
Investment platform AJ Bell has signed up to Finio, Sprint Enterprise Technology’s integration hub, to ‘increase efficiency’.
The turmoil in the bond markets has caused annuity incomes to soar by almost 50% in the last three years, new data shows.
Four out of five financial services customers are either very concerned or somewhat concerned about tax increases being imposed by the new Labour government, according to a new survey.
Advised platform customers rose 8% for AJ Bell to pass 171,000 for the year ended 30 September (30 September 2023: 159,000).
The FCA has published new rules firms must follow when designing and operating commercial Pensions Dashboards.
The total value of ‘lost’ pension pots - pensions which have become ‘disconnected’ with their owners - increased by £4.5bn from £26.6bn to £31.1bn between 2022 and 2024, by the Pensions Policy Institute (PPI) has revealed in a new report.
Financial advisers have reported a surge in worried clients contacting them with Budget-related questions on pensions taxation and wealth management, a survey has revealed.
Page 1 of 14