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Bank of England holds interest rates at 0.1%

Bank of England policymakers have held interest rates at the record low of 0.1% as it expects the UK’s economic recovery to gather pace.

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1 in 8 over-50s change retirement plans

One in eight workers over 50 have changed their retirement plans as a result of the Coronavirus pandemic, according to the latest figures from the Office for National Statistics (ONS). 

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Minimum pension age plans risk “retirement lottery”

Government plans to increase the age that savers can first access their pensions from 55 to 57 risk creating a “retirement lottery”, according to investment platform AJ Bell.

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AJ Bell advised customers rise 14%

Advised net inflows held steady at £0.9bn for investment platform AJ Bell for the quarter ending 31 March, as advised customers rose 14%.

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