Legal & General Retail has reported its annuity sales have reached an all-time high of £2bn so far this year amid industry figures revealing annuity sales jumped 50% year on year in the first half.

Working women significantly underestimate their reliance on the state pension before retirement, according to a new study.

The average investor could retire two and a half years sooner by avoiding holding too much in cash and not making investment decisions based on “emotional comfort”, according to new analysis.

Spanish-owned bank Santander has launched an online self-invested personal pension (SIPP), as it targets the pre-retirement market.

The CFA (Chartered Financial Analyst) Society of the UK has become the fourth organisation to join The Chartered Body Alliance, the partnership of professional bodies.

The FCA is proposing switching its fee for principal firms of appointed representatives (ARs) and introducer ARs (IARs) to a variable fee from a fixed one.

Harry Sevier, former investment director at fund manager Ruffer, has teamed up with P1 Investment Services to launch a boutique investment management firm based in London.

Clients of failed Newcastle-based wealth manager WealthTek LLP will make a smaller contribution to the costs of the administration than previously estimated, after a fresh judgment in the case last week.

New data on mortgage lending from the Bank of England has revealed that lending into retirement has remained at a high level despite falling mortgage rates. 

Rapidly expanding Swedish-owned wealth manager and Financial Planner Söderberg & Partners has invested in three IFA firms as it continues its strategy of taking stakes in UK advisers.