AXA UK chair Scott Wheway is to step down immediately to take up the role of chair of Scottish Widows group from 12 September.

One in ten (11%) UK adults paused or reduced their pension contributions in March, according to a new report.

Women aged between 65 and 74 have average pension pots of £130,000 - half the £260,000 men have saved.

Over half of over-50s fear they will run out of money in retirement due to the impact of the pandemic on their income and their ability to save, a new survey has revealed.