Advisers estimate 43% of clients will work past standard retirement age according to research from HSBC reported by FTAdviser.
It begs the question if that is the advised population, how many of the non-advised will be working longer though we have to caveat that with the greater likelihood that advised clients may do so by choice.
MPs on the Education select committee have launched an inquiry into how financial education can be strengthened throughout primary, secondary and further education, as Money Marketing reports.
The cross-party education committee will look at whether it should be introduced as part of the primary school curriculum.
While it has been part of the national curriculum for local authority-run secondary schools since 2014, academies and free schools can opt out of teaching it.
The committee will “explore reasons why the subject is often overlooked and how well schools and teachers are supported to deliver it”.
Paul Maynard, MP for Blackpool North and Cleveleys in May 2010, has been appointed the new pensions minister, as Money Marketing reports.
He will replace Laura Trott who is now chief secretary to the Treasury. Not exactly the stability the pension sector would want.
Swiss group Bellevue has launched an obesity solutions fund covering diagnostics and treatment for obesity-related diseases, nutrition and physical activity firms, as Citywire Selector reports.
With the autumn statement due this week, there has been a great deal of speculation that Inheritance tax could be cut. The latest stories now suggest that the Chancellor may have reconsidered the optics, and we could instead see income tax and NI reductions, as the Sunday Times reports.
Perhaps it’s simply best to leave it until Mr Hunt makes the statement itself.
