The SPP says it is possible that some DC savers may see a reduction in retirement income of up to 20%.

The latest update introduces a new Consumer Charter and a sixth standard which clarifies rules on care.

Adrian Brewer, head of later life at Access Financial Services, says mortgage brokers across the industry are not as aware of how the later life lending market has changed and that...

Legislation shortly to be presented to Parliament will place a legal duty on pension providers to offer a ‘default’ post-retirement journey.

Over 60s homeowners now hold a record estimated £2.89 trillion of net housing wealth.

Customers without LPAs risk leaving families facing lengthy and expensive Court of Protection action to have control over their finances.

Sturla has held senior positions across lending and risk at businesses such as Lloyds Bank and Coutts.

Double digit new customer growth sparks a 32% year-on-year increase in total lending.

Phil has held previous roles at Bluestone, LiveMore, Together and Pepper Money.

The move is set to boost retirement savings for the average worker by around £1,000 and save businesses £225 million a year in unnecessary admin costs.