Scottish Friendly doubles AUM with Canada Life deal

Scottish Friendly has completed the acquisition of a large book of life and pensions policies from Canada Life in a move which will see its assets under management more than double to over £5bn.

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Pension freedoms withdrawals pass £30bn

New figures published today by HMRC show that a total of £30bn has been withdrawn ‘flexibly’ from pensions, taking advantage of the new ‘pension freedoms’ introduced in 2015.  

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State Pension set to rise by inflation-busting 4% in April

The triple pensions lock and rising average earnings mean that the State Pension will rise by around 4% in April - an increase of about £350 a year.

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'State Pension income vital' say Pension Freedom users

Most over-55s who have used the Pension Freedoms - introduced in 2015 - still place huge value on the regular income from the State Pension, a survey has found.

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