![Will the planned defaults for those retiring be in their best interest?](https://www.wealthatwork.co.uk/affinityadvise/wp-content/uploads/sites/22/2024/07/PR-Image-1.jpg)
Will the planned defaults for those retiring be in their best interest?
17th July 2024
As a result of the new Pensions Bill, announced in the King’s speech, it will be interesting to hear more of the plans for trust-based schemes to be legally required to offer retirement income solutions to members, including default investment options.
![Week ending 19th July 2024.](https://www.wealthatwork.co.uk/affinityadvise/wp-content/uploads/sites/22/2021/02/shutterstock_377534515_Feature.jpg)
Week ending 19th July 2024.
22nd July 2024
As expected, the ECB decided to leave their key lending rates unchanged on Thursday at 3.75%.
![Market Update - 24th July 2024.](https://www.wealthatwork.co.uk/affinityadvise/wp-content/uploads/sites/22/2023/10/Market-Update-Feature.png)
Market Update - 24th July 2024.
24th July 2024
On Monday, US markets opened on a high note, following President Joe Biden's announcement on Sunday that he would be withdrawing from the US presidential race.