Population estimates issued by the Office for National Statistics suggest that women are set to hold most of the UK’s investment and pensions wealth.
The number of people inheriting ISAs is climbing quickly with investment provider Hargreaves Lansdown reporting that the number on its platform doing so has risen a third in a year (33%) and more than two thirds in two years (68%).
Four in 10 people say they are worried about upcoming changes to pensions and inheritance tax.
A quarter, 24%, of people have little to no idea about how much they and their employers are paying into their pension.
Hargreaves Lansdown has removed the Schroder Income fund from its Wealth Shortlist because of changes to the fund management team.
Work and Pensions Secretary Liz Kendall has confirmed that the third statutory Government review into when and how to raise the State Pension age will begin straightaway.
The Government is reviving the Pensions Commission to look at ways to tackle the problem of people not saving for their retirement.
The cash ISA allowance is looking unlikely to be cut next week, despite rumours circulating that Rachel Reeves could announce the move in her Mansion House speech on Tuesday 15 July.
FCA plans announced today to allow firms to offer ‘targeted support’ have been widely welcomed across the financial services sector.
The pension sector has been warned that it needs to accurately define adequacy targets to ensure people avoid under-saving for their retirement.
Pension experts said that today’s figures from the PLSA about retirement living standards should be a ‘wake-up call’ for savers.
Dan Olley, CEO of Hargreaves Lansdown, is to leave the firm less than two years after taking up the helm.
Investor confidence in UK markets rose 70% in May, according to the latest Investor Confidence Index.
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.
A new consumer survey has found that, on average, one in five people (21%) are clueless about when they will be able to retire.
The number of savers making contributions over the annual allowance of £60,000 surged 34% in the last tax year, according to new data.
Investor confidence has plummeted this month triggered by turmoil around President Tump’s tariffs.
SIPP contributions have soared since President Trump’s recent tariff announcements, according to Hargreaves Lansdown figures.
Planners have urged investors not to make any knee-jerk reaction to the newly introduced import tariffs from the US government.
There are five times as many additional taxpayers now compared to when the 45p rate was introduced in April 2010.
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