Financial Planners and advisers are getting ahead of the impending levy of inheritance tax (IHT) on unused pensions from April next year by using options such as tax wrappers, lifetime gifting and earlier drawdown.

Artificial Intelligence (AI) is now being used universally across the pensions industry with all members of the Society of Pension Professionals are now using AI, up from nine out of 10, 87%, who said they were using it last year.

Today’s competitive annuity rates mean the payback period is now 14 years on a benchmark £100,000 annuity purchased by a 65-year-old, generating an income of £7,373 a year.

Women working in UK financial services are earning nearly £30,000 less than men, with the hourly gender pay gap widening to 25%.

Nearly three quarters (74%) of IFAs reckon providers need new ways to engage younger generations, according to a new study.

The Government has published an amendment to the Pension Scheme Bill to limit the extent to which it can ‘mandate’ how defined contribution pension schemes invest.

Targeted Support has arrived this week as planned and it has only taken a few days for two major companies, Royal London and Quilter, to join the fray. Many more will follow.

The Consumer Duty was introduced on 31 July 2023 and it’s fair to say it has shaken up the financial services sector and driven improvements in consumer protection - but is it having the full effect intended?

More than 800,000 pension savers tried to trace an estimated £31bn in ‘lost pensions’ in 2025, according to a Freedom of Information request.

Evelyn Partners has hired Financial Planner Emma Arnold from Aberdeen to be a new business development manager for the North West as it aims to boost its coverage in the region.