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Standard Life launches Sharia Lifestyle Strategy for workplace pensions
The new option for workplace scheme members follows Sharia Law and comes with Sharia certification.
Standard Life
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Standard Life launches ‘Rule of 300’ to help savers understand retirement income needs
The calculations show that around £300 of pension savings is needed to generate £1 of guaranteed monthly income for life through an inflation-linked annuity.
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Many couples overlook pensions in divorce planning, Standard Life warns
27% of people with a private pension do not know how pensions would be handled in a divorce, rising to 30% among women.
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Standard Life appoints COO for pensions and savings business
Gail Izat will lead strategy, transformation, integration and risk activity for the unit.
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Standard Life warns of increased pension scam risk as IHT changes loom
Donna Walsh said clear communication, ongoing education and industry collaboration are vital as the inheritance tax changes approach.
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42% of over-55s take full tax-free pension cash at retirement – Standard Life
Research found 42% either planned to take the full 25% tax-free lump sum in one go or had already done so.
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Standard Life acquires Aegon UK for £2.0bn
The deal will create the UK’s largest retirement savings and income business, covering 16 million customers with around £480bn in assets under administration.
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Standard Life launches Future Opportunities to improve member outcomes
Future Opportunities will give scheme members access to opportunities that were previously only available to professional investors.
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Most parents supporting adult children face delayed retirement, finds Standard Life
12% of parents said they had contributed less to their pension than planned and 15% expected to retire later than they had hoped.
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Two in five employers back auto-enrolment contribution rise – Standard Life
43% of business leaders backed a rise in auto-enrolment contributions, while 36% wanted to keep them at current levels.
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40% of over-50s unaware health issues can boost retirement income – Standard Life
The study showed 40% were unsure how sharing health information affects annuity rates.
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Standard Life completes £700m buy-in for IBM I.T. Solutions Pension Scheme
The transaction covers over 3,600 members, including pensioners and deferred members.