Retirement
Pension withdrawals jumped in Q3
But only half of retirees aware of the money purchase annual allowance
Just 3% of couples divorcing seek financial advice
People ‘often unaware’ of what they are entitled to and lack knowledge of pension rights
Insurance giant to divest global life and retirement businesses
As it seeks a ‘simplified structure’ to unlock value for shareholders
UK pensions lifetime allowance set to increase by 0.5%
And government expected to keep triple lock promise with 2.5% rise in 2021/22
Aussie firm buys robo-adviser
Deal is an ‘important step forward’ for the company to implement its retirement advice plans