Pensions

More than one in 10 people who had retired have gone back to work with a combination of the cost-of-living crisis and a desire for a new challenge the main reasons for returning, according to research from Investec Wealth & Investment.

The anticipated Budget was delivered by UK Chancellor Jeremy Hunt yesterday (15/03/22).

The management team of global investment consultancy bfinance has undertaken a buyout of the firm, with the purchase of a 51 percent stake formerly held by venture capital investor Baird Capital.

Rothschild & Co’s Swiss wealth management business has partnered with pension consulting firm PensExpert and has appointed a head of wealth and pension planning.

Retirees wanting a comfortable retirement and enough money for care would an estimated £470,000 in retirement wealth, according to wealth manager and financial adviser Quilter.

Acquisitive wealth manager Progeny has acquired Chartered financial planner Lewis Brownlee Financial Services

Certain societal trends will transform the personal finances of retirees by 2040, according to new research from Evelyn Partners.

Tax incentives granted to people in the UK on their savings and investments hit a record high of £27.1 billion in the last year, according to new research from Bowmore Financial Planning.

Investment in property is unlikely to perform as well as pensions, according to new research from wealth manager Netwealth.

High net worth individuals (HNWI) in the UK are underestimating how much money they need for the retirement they want by almost £300,000 on average, according to new research from wealth manager Saltus.