Related topic: Pension

Around 35,000 policyholders have now been welcomed to Scottish Friendly.

Three in five UK adults (62%) could face a major life experience, damaging their retirement plans.

The industry was cautiously optimistic about the announcement, but said the 'devil will be in the detail' of how it will hold its value relative to earnings over time.

Around a third of a million pensions are being withdrawn at rates of 8% or higher.

The state pension is likely to rise by 3.9% next April, making it liable for income tax.

Thomas earned more than £173,000 in fees for providing unauthorised advice.

Those paying at 40% or 45% has risen from just under half a million in 2021/22 to over a million in 2026/27.

The issue relates to the two different ways in which pension tax relief is paid, but industry experts have warned there is a real risk of huge non take-up.

Pensioner poverty has been rising steadily for the last ten years, with single pensioners at highest risk.

Millions are at risk of retirement shortfall as the UK fails to join up housing and pension policy, the Society of Pension Professionals says.