Prudential has launched a flexible drawdown option to its range of retirement products ahead of pension freedoms which come into force in April next year.
Interest rates for the new 'pensioner bonds' announced at Budget 2014 have been set at a market-beating 2.8% for the one-year product and 4% for the three-year bond.
Changes have come thick and fast this year. Professional Adviser looks at the three most monumental movements in the industry - and why they herald a new dawn for advisers...
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The scale of auto-enrolment makes it an unprecedented opportunity, yet tackling it profitably is the conundrum for providers and advisers alike, writes Tom Nall
Fundamental problems with the shopping around system for annuities must be addressed before pension freedoms being in April, experts have said.
Natanje Holt takes a look at how statutory money purchase illustrations will work once Budget freedoms come into play.
Pension freedoms bring greater risks as well as choice, especially for those who don’t take advice or guidance. But, Andrew Tully argues, the FCA and providers can help…
Politicians have painted annuities as ‘toxic products’ but guaranteed income is the bedrock of retirement for the majority. Providers are betting on simplified advice to square the circle, writes Jenna Towler
The changes to the pensions system announced in the Budget trumpeted a new era of freedom and choice for pension savers. However, with the full details of the pension changes still to be considered, Jonathan Watts-Lay highlights a few common pitfalls those approaching retirement should watch out for
From April we are expecting a surge in demand for income drawdown. However, how easy is it to offer these flexibilities to those with small pensions pots? Jamie Smith-Thompson takes a closer look
SIPP providers are struggling to find buyers due to large proportions of non-standard assets in their portfolio. Helen Morrissey asks what can be done about this issue.
Negative headlines about annuity sales next April could lead to a “tragedy” of retirees refusing to buy them, according to The Pensions Advisory Service (TPAS) CEO Michelle Cracknell.
Auto-enrolment has not proved an attractive business opportunity for many of True Potential’s advisers as margins are small in relation to demands, senior partner Daniel Harrison has said.
Experts have called for a tax break on pension withdrawals to help fund LTC. But is such an intervention feasible and a good idea?
Discretionary fund manager (DFM) Barnett Waddingham Investments, formerly part of the Barnett Waddingham group, has de-authorised seven months after being taken over by rival DFM Whitefoord, regulatory records show.
Had a manic week? Here’s a rundown of five retirement stories you might have missed…
Provider Scottish Widows has announced a restructure of its pension and investment business, confirming the loss of 130 roles across the UK.
Charge caps are unpalatable but necessary if the industry won't sort itself out, argues First Actuarial's Henry Tapper...
Axa Wealth is to drop charges associated with drawdown and its Pension Investment Account on its Elevate platform.
The pensions industry has rejected government proposals to tinker with auto-enrolment (AE) earning thresholds and called for a complete overhaul.
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