Almost one in five Britons (17%) will rely on only the State Pension for retirement income, according to a new report.

Aegon UK has added three long-term asset funds to its largest workplace pension default fund, the Universal Balanced Collection.

Wealth manager and Financial Planner Titan Wealth has acquired Workplace Advice Group, a provider of workplace pensions which manages £200m for 1,459 schemes.

Poor knowledge of investment products could be holding Britons back from achieving their financial goals as new research reveals that almost 1 in 5 people have not heard of a stocks & shares ISA.

There are now nearly 612,000 people aged 90 or over living in the UK with the number heading upwards, according to analysis of official figures by retirement specialist Just Group.

L&G has launched a digital application process for annuities which it says will save Financial Planners and advisers up to 14 days on each intermediated/advised application.

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.

Only 60% of professional investors are prepared financially for longer life cycles, with a high proportion, 40%, highlighting a lack of preparedness. 

Platform business Wealthtime has become a fully integrated wealth manager under the new brand The Quanta Group, following the acquisition of Craven Street Wealth announced last week.

Financial Planners and advisers can now access a single point of sign in with the FCA for regulatory reporting tasks, including submitting regulatory data and paying fees.