FOUR in ten people are relying on property to fund most of their retirement even though the housing market is cooling, Alliance Trust warns.
The fund management firm said faith in using property to fund their retirement has increased dramatically over the past year. 43pc of people surveyed expected property to be the top contributor to their...
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
Aberdeen Standard Investments (ASI) and Gresham House are to team up to form a joint venture.