Lawyers working for pension regulators have frozen more than £1 million in bank accounts of a firm advertising controversial pension unlocking schemes. Judges at the High Court in London ordered the firm running a pension busting scheme to hand over control of the accounts to lawyers and trust administrators working for The Pensions regulator. Around [...]

Pensioners battered by the rising cost of living are scraping by on an average of £6,200 a year less than they need to live comfortably, according to a study by the Prudential. Just over two thirds (38%) are struggling to make ends meet and find their retirement income has not met their expectations. Pensioners finding [...]

Insurers are keen to provide their customers with the chance to access more of their retirement savings when they need it. They consider that flexibility is essential to create a steady income for a great retirement. Currently customers are expected to jump through a mountain of red tape which hinders their ability to generate wealth. [...]

Studies suggest that UK citizens are expected to live longer than previous generations of people. Currently children who are 16 or younger will likely live to be 100 or older. Previously the average age was approximately 70; however, it is expected to increase in the coming decades. As people age Britain will likely struggle to [...]