The National Employment Savings Trust (NEST) has created a retirement strategy blueprint that features a combination of an income drawdown, a cash lump sum and a later-life annuity.
Liability driven investment (LDI) continues to grow significantly in the UK with hedged liabilities increasing by 29% to £657bn last year, according to a report by KPMG.
The number of people taking out cycle insurance has seen a jump of 75% between 2009 and 2014 as a result of the soaring popularity of cycling, according to Aviva.
Some 38% of businesses have experienced a disruptive loss relating to a data breach in the past 24 months, costing them on average $1.1 million, according to a report by Aon Risk Solutions.
A UK referendum vote in favour of leaving the EU could pose a risk to growth prospects for the UK economy and its financial services sector, according to a report by Standard & Poor's (S&P).