Up to 10pc of people who rely on equity release to fund retirement could end up destitute, In Retirement Services has warned.
The firm, which specialises in equity release, said while the strategy could help improve the quality of life for pensioners, it was no substitute for a proper pension plan. It said that to secure a...
Andy Palmer says trustees and employers should prepare for a no deal, which could pose big risks to sponsor covenants
The government has rejected the Treasury Committee's call for fundamental and incremental changes to pensions tax relief, noting there is "no clear consensus".
BlackRock has won over a quarter of a £109bn Scottish Widows mandate following a competitive tender process, as the battle for the remaining £79bn in assets continues.