Life insurers received three times more telephone calls than average in the week following the implementation of pensions freedom, figures show.
The majority of well-off pre-retirees are well prepared for pensions freedom and choice despite lack of contact from providers about the changes, a survey from website RetireEasy has found.
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Just Retirement has launched a simplified advice service for providers to offer to their clients at the point of retirement.
Citizens Advice has issued a stark pension fraud warning just days after freedom and choice came into force stating retirees are being increasingly targeted by ever more sophisticated scammers.
Provider Standard Life has been dealing with unprecedented levels of client contact since pensions freedom came into force on 6 April.
Retirement Planner has launched a new website dedicated to keeping advisers up to speed with the latest pension changes.
The average pension pot will last for just ten years in retirement if consumers withdraw funds at the rate they see fit, research has shown.
Jessop Fund Managers (JFM) has launched in income drawdown solution for advised clients with small to medium sized pension pots.
While brokers have been bombarded with queries about the pension freedoms that arrived on 6 April, advisory offices up and down the country have been veritable oases of calm by comparison. Here, five IFAs share their early experiences...
The tax consequences of extracting cash from pension pots under the new freedom and choice regime are causing confusion among consumers who have contacted Fidelity’s call centres.
Rowanmoor Group has added a single investment option to its new post-retirement-freedoms SIPP, with reduced set-up and administration fees.
Fewer than one in ten of those with pension queries following the roll-out of the retirement 'freedoms' on 6 April were looking to withdraw their savings in full, research suggests.
Parmenion has added four withdrawal options to its in-house self-invested personal pension (SIPP) offering, including uncrystallised lump sum (UFPLS).
History tells us advisers would be crazy to recommend a transfer out of a final salary pension but, as Kim Bendall argues, that's all in the past...
The second-hand annuity market may fail to develop and even if it does many people will struggle to make well-informed decisions, think thank the Institute for Fiscal Studies (IFS) suggests.
Provider Standard Life has called on the industry to come up with better processes to ensure non-advised income drawdown clients efficiently manage their retirement income.
Friends Life will refer new clients who seek retirement advice to national advice firm Foster Denovo under a new deal agreed between the two firms.
A capacity crunch among providers trying to process requests to access to their pension pots is the biggest threat to the pension freedoms in the short term and risks creating disillusionment among consumers, The Pension Advisory Service (TPAS) chief executive has warned.
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