In this week’s Retirement Planner news round-up we highlight five key stories you might have missed over the past seven days.
Our weekly round-up of the key product launches, charging tweaks, people moves and events for financial advisers...
Rebecca Jones investigates how advisers can satisfy the regulator while keeping things as simple as possible when explaining fees and charges to clients...
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Many trust-based DC pension schemes already offer more than the ‘guidance guarantee' to their members and are worried about being forced to ‘dumb down' standards, according to the National Association of Pension Funds (NAPF).
Financial advisory businesses will be invited to play central roles in providing information, guidance and advice to retirees following the far-reaching changes announced at Budget 2014, under plans being devised by the Personal Finance Society (PFS).
Pensions Minister Steve Webb says he remains committed to defined ambition (DA) despite the Budget scrapping restrictions on how people take their pensions income at retirement.
Steve Webb would be “nervous” about providers playing a part in the Chancellor’s guidance-for-all at retirement pledge.
The Personal Finance Society (PFS) has given its backing to F&TRC's latest launch, Quality Analyser, which gives advisers free access to a market-wide comparison tool from 22 April.
Retirees who recently took a tax-free lump sum from their defined contribution (DC) pension will be given 18 months to decide what to do with the rest of their savings following the far-reaching changes to pensions announced at Budget 2014, the government confirmed on Wednesday.
The Association of British Insurers (ABI) and Association of Professional Financial Advisers (APFA) have issued joint guidance for advisers and insurers on complying with new tax information requirements.
Changes to savers' rights to access their pension savings announced in the Budget may lead to provider Partnership reviewing its business model and strategy, but the company will continue to have a role to play in the at-retirement market, its chairman said on Wednesday.
One in seven people planning to retire this year has made no personal pension provision, meaning they will retire mainly or entirely reliant on the state, research by insurer Prudential suggests.
In this week’s Retirement Planner quick fire poll we ask if you believe the insurance industry is able to deliver the Chancellor’s “retirement advice for all” pledge.
The insurance industry is capable of cost effectively delivering the Chancellor’s ‘retirement advice for all’ pledge, but passing the “impartiality test” would be challenging, Otto Thoresen told MPs.
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