LONDON, May 7 (Reuters) - British insurer Aviva said it was closing the London head office of recently bought Friends Life as it reported rapid progress in integrating the acquisition, a key part of a turnaround led by Chief Executive Mark Wilson. Aviva announced the agreed 5.6 billion pound ($8.5 billion) Friends acquisition late last [ ].
First work out how much money you will need to retire on, taking into account all of your likely income and outgoings when you give up work. • The tables that reveal your tax bill on pension withdrawals Some funds are run in an extremely cautious manner with the aim of preserving capital if stock markets fall.
A new study predicts life expectancy will overshoot current official projections for 2030, putting savers in an ever more difficult quandary over how best to fund retirement. Women's anticipated life span will increase to 87.6 years and men's to 85.7 years for people living in England and Wales in 15 years' time, according to research by Imperial College London.