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The Latest Breaking News from Standard Life

Shares edge down as Iran tensions push oil higher

Investors also digested UK Chancellor John Healey’s pledge to control public spending ahead of next month’s Budget.

Evening Standard

Standard Life continues cost-cutting and eyes £800m ‘synergies’ from Aegon deal

The firm said it had made £210 million worth of cost savings as part of a three-year £250 million cost-cutting target.

Evening Standard

Oil price moves higher as insurers hold back FTSE

Oil prices pushed up once more with the US and Iran appearing to not make much progress towards a deal to reopen the Strait of Hormuz.

Evening Standard

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read the most diverse news in one place.

Hundreds of Britons Face £100,000 Tax Bills After Cashing in Their Pensions: The Reasons Why

Racing to beat a 2027 inheritance levy has left savers with huge bills. Discover how a pension withdrawal is taxed, what sparked the panic, and how to hold on to more.

International Business Times UK

Your Mortgage Could Cost You £268,000 in Retirement: The Hidden Price of Higher Rates

Rising UK mortgage rates may jeopardise your retirement savings by up to £268,000. Here are the strategies to balance mortgage repayments and pension contributions to secure your financial future.

International Business Times UK

Bold, optimistic, empathetic: How a retirement company perfected its look for Gen Z

Standard Life's new brand identity aims to engage a wider audience.

Creative Bloq

How to track down lost pension pots

Finding all your pensions could be more straightforward than you think.

The Independent UK

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Can you move your pension to dodge inheritance tax? Fraudsters say so

Criminals exploit confusion or anxiety over new IHT rules by offering a ‘safe haven’ for savings pots

The Guardian - UK

London traders weigh war deadlock as luxury woes hit Paris

The FTSE 100 closed down 49.48 points, 0.5%, at 10,559.58.

Evening Standard

Aegon offloads 200-year-old UK business to Standard Life for £2bn

Deal will create pensions and savings group with 16 million customers and £480bn of assets, while Aegon focuses on US

The Guardian - UK

Standard Life buys Aegon UK in £2bn deal

IN FULL

The Independent UK

Standard Life buys rival in £2bn deal to create pension and savings giant

Dutch financial firm Aegon will own a 15.3 per cent stake in the combined group following the deal

The Independent UK

Standard Life strikes £2bn deal to buy Aegon UK

Dutch financial firm Aegon will own a 15.3% stake in the combined group following the deal.

Evening Standard

Older people forced to ‘unretire’ amid financial pressure concerns

A significant proportion of older people are being forced to ‘unretire’, a new survey has revealed

The Independent UK

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Evening Standard

Some older people having to ‘unretire’ due to financial pressures, survey finds

A fifth of people questioned for Standard Life said they did not realise how much money they would need in retirement.

Evening Standard

FTSE 100 suffers losses amid fears over US-Iran ceasefire

The Independent UK

Gen Z have big retirement dreams - but are failing to plan how to pay for them

It’s important to start early so that compounding does the heavy lifting for retirement savings

Fortune

As boomers are forced back to work because they can't afford to retire, Robinhood CEO says Gen Z are opening retirement accounts at 19 years old

Robinhood cofounder and CEO Vlad Tenev says young people are embracing old-fashioned investments, and it seems to be working. Gen Zers are already on track to successfully retire.

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news in one place.

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The Independent UK

Of course most of us don’t know the state pension age – we don’t think we’ll ever retire

IN FOCUS: As a new study reveals that only one in five people are aware of when they can stick up an indefinite ‘gone fishing’ sign, Helen Coffey explores whether it’s indicative of a more troubling trend around pension ignorance and magical thinking

Evening Standard

People receiving full new state pension on course for £12,548 from April

Inflation figures released on Wednesday suggest that wages, which have increased by 4.8%, will be used to calculate next year’s state pension rise.

The Independent UK

Insurer Phoenix changing name to Standard Life next year

Phoenix bought the Standard Life brand in May 2021 following its purchase of Standard Life Aberdeen’s insurance arm in 2018 for £3.28 billion.

The Independent UK

Everything we know about retired British couple found dead in France

The bodies of Andrew and Dawn Searle were found in Les Pesquiès, southwest France

Fortune

Baby boomer and late Gen X men are ‘unretiring’ or planning to because they can't afford to kick up their feet in the current climate

After a brief taste of retirement, a sizable chunk of pensioners are dusting off their suits and returning to work.

The Guardian - UK

Deanne Stewart: The megafund boss with lessons for Britain on Australia’s ‘pensions nirvana’

The chief executive of Aware Super, one of the biggest funds down under, is briefing Keir Starmer on pension reforms

The National (Scotland)

Highland estate back on market after three years – with 60 per cent higher price tag

A CONTROVERSIAL Highlands estate has been put back on the market ...

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