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Financial Planning Today

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News


financialplanningtoday.co.uk > news > state-pension-s-expected-3-9-rise-puts-pressure-on-triple-lock

State pension's expected 3.9% rise puts pressure on triple lock

1+ day, 7+ hour ago   (486+ words) The State Pension looks set to rise by 3.9% next April after the average earnings figure for the three-month period ending July 2026, published by the ONS today, came in at 3.9%. Under the Triple Lock guarantee, the State Pension increases by the…...


financialplanningtoday.co.uk > news > revealed-why-many-well-off-women-expect-second-class-retirement

Revealed: Why many well off women expect second class retirement

6+ day, 5+ hour ago   (394+ words) Two in five women (35%) with investible assets of over £250,000 are concerned they will miss out on the retirement they want and expect, compared with 20% of men, according to a new report. More than a third of women (35%) surveyed by wealth…...


financialplanningtoday.co.uk > news > continuum-recruits-pensions-specialist-from-true-potential

Continuum recruits pensions specialist from True Potential

1+ week, 1+ day ago   (306+ words) Plymouth-based, M&G-owned national IFA Continuum has recruited specialist investments and pensions financial adviser Alex Gray from True Potential, where he was a self-employed financial adviser. He will be based at Continuum’s Wadebridge office in North Cornwall. The firm opened…...


financialplanningtoday.co.uk > news > standard-life-looks-internally-for-workplace-and-intermediary-md

Standard Life looks internally for workplace and intermediary MD

1+ week, 5+ day ago   (220+ words) Standard Life has appointed Emma Furlonger as managing director of its workplace and retail intermediary business. She has led the business on an interim basis since April when former managing director Gail Izat was appointed as chief operating officer of…...


financialplanningtoday.co.uk > news > soaring-gilt-yields-boost-annuity-rates-to-28-year-high

Soaring gilt yields boost annuity rates to 28-year high

1+ week, 6+ day ago   (475+ words) Multi-decade high gilt yields, boosted by the ongoing US-Iran conflict and fears over inflation, have boosted annuity rates to 28-year highs. For UK gilts, the 10-year yield rose above 5.26% to its highest levels since June 2008 this week, while the 30-year…...


financialplanningtoday.co.uk > news > pension-lump-sum-withdrawals-rise-27-for-over-75s

IHT fears fuel 27% rise in over-75s taking pension lump sums

2+ week, 5+ hour ago   (253+ words) Over 83,800 people over the age of 75 made lump sum withdrawals from private pensions in 2024, a 27% rise from 65,900 the previous year. The value withdrawn also rose by over a third (35%) to £1.4bn, according to the analysis of HMRC data by Lubbock Fine…...


financialplanningtoday.co.uk > news > savings-gap-holds-9-in-10-back-from-retirement

Savings gap holds 9 in 10 back from retirement

3+ week, 4+ hour ago   (330+ words) Nine in 10 (92%) pension savers would retire earlier than they planned if they were able to save enough to quit work and live comfortably, according to new research. The research found a significant gap between retirement aspirations and reality among workers....


financialplanningtoday.co.uk > news > editor%E2%80%99s-comment-the-woeful-state-of-uk-personal-finances

Editor’s Comment: The woeful state of UK personal finances

3+ week, 5+ day ago   (538+ words) Not for the first time, we’ve run a story about the dismal state of many adults' personal finances and lack of saving - but the question is what to do about it and why does it happen? According to a new…...


financialplanningtoday.co.uk > news > taxable-pension-withdrawals-top-%C2%A375bn-for-under-65s

Taxable pension withdrawals top??75bn for under-65s

3+ week, 5+ day ago   (232+ words) Seven in 10 (70%) of the 3.42m people who have taken taxable payments from their pension pots since the inception of ‘pension freedoms’ in 2015 were under the age of 65. Analysis of HMRC data showed 2.4m people first took a taxable flexible pension payment when…...


financialplanningtoday.co.uk > news > standard-life-teams-up-with-new-partners-on-%C2%A32bn-pension-risk-business

Standard Life teams up with new partners on??2bn pension risk business

3+ week, 6+ day ago   (211+ words) Standard Life has partnered with CVC, Prudential Financial, Goldman Sachs and MS&AD to expand its pension risk transfer business. The partnership has a combined initial capital commitment of up to £2bn. It will enable Standard Life to offer trustees and…...