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Savings, Pensions & Investments

Investors concerned after Brexit vote

Uncertainty prompts demand for equity release

Concerns over low-growth following the Brexit vote has led to a rise in demand for equity release products..

New deal for pensions firm

Aegon agrees annuity deal with Legal & General

Adrian Grace
Pensions company Aegon has announced that Legal & General will write the Edinburgh-based company's annuity business....

Government criticised over SPA

Women ‘grotesquely disadvantaged’ over pensions

Frank Field
Women born in the 1950s have been "grotesquely disadvantaged" by changes to pensions, according to Labour MP Frank Field. READ MORE

Money goes on holidays and children

Over-50s not using spare cash to top-up savings

Money - own pic
After paying off the mortgage Britain’s over-50s are spending their spare income on holidays, home improvements and gifts for their children.. READ MORE

Banker enjoys lavish lifestyle as jobs cut

Tesco Bank boss Higgins in £18,000 taxi bills storm

Benny Higgins
Tesco Bank boss Benny Higgins is being accused of enjoying a lavish lifestyle despite a tough clampdown on costs ordered by group chief executive Dave Lewis. READ MORE

Setback for campaign

Crabb dashes hopes over women’s state pension age

Stephen Crabb
Thousands of women campaigning to have their state pension rights restored have suffered a major setback. READ MORE

£400,000 distributed to companies

Seven firms benefit from social enterprise fund

Alastair Davis
Social Investment Scotland has invested a £400,000 fund in seven businesses. The SIS Community Capital fund was raised entirely from 27 private investors. READ MORE

Changes from 6 April

New state pension creates winners and losers

pension pot 2
Those reaching state pension age will from today qualify for the new single-tier payment, a key milestone in the process of simplifying a complex system. READ MORE

Revival of annuities

Pension drawdown ‘lower than expected’, says ABI

Pension advice
New data from the Association of British Insurers reveals what the over-55s have been doing with their pension pots since the freedoms came in last year. READ MORE

Latest move in women's campaign

MPs take evidence on changes to state pension age

Frank Field
MPs have begun taking evidence as part of the next stage of an inquiry into the controversial changes to the state pension age (SPA) for women. READ MORE