HM Revenue & Customs (HMRC) has clarified its position on why certain retirees using standalone lump sums trigger a reduced annual allowance.
The government has dropped plans to fine savers who access defined contribution (DC) pots under changes announced in the Budget but fail to alert all their previous pension providers.
The Institute of Financial Planning (IFP) is in discussions with the regulator about drawing up a definitive list of possible conflict of interest scenarios that crop up during the advice and planning process.
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The Pensions Regulator (TPR) has shut down a group of five pension liberation schemes that had taken more than £134m from more than 1,400 people.
Only a third of advisers are currently qualified to provide long term care advice despite growing interest from advisers in the area, the Association of Professional Financial Advisers (APFA) has found.
Too many regulatory requirements around what charges need to be disclosed on investment and savings products make it difficult for advisers to assess and compare the cost of products, Financial Conduct Authority (FCA) technical specialist Rory Percival has said.
The government expects some people to "make the wrong choices" and receive a worse outcome than under the existing system when changes designed to give retirees the power to do as they wish with their savings are rolled out in the spring, pensions minister Steve Webb has warned.
The Financial Conduct Authority (FCA) is considering a number of recommendations on how financial services firms can improve the way they handle complaints, including removing a rule stating that not all gripes must be reported to it.
The government has launched an online hub within video sharing site YouTube in a bid to aid consumers' understanding of pensions.
Abraham Okusanya caused quite a stir among advisers after highlighting the dangers of sequence of return risk. In a follow-up, he examines potential solutions...
The Financial Conduct Authority (FCA) was born in the aftermath of a crisis, so that is all it knows, but it has laid the groundwork for making markets work well again, its chairman John-Griffith Jones is expected to say in a speech on Thursday.
Pensions experts have called for the government to help savers access their pensions tax-free to fund long-term care.
Financial advisers are willing and able to break through the “perceived barriers” to at-retirement advice by inventing simpler offerings, chief executive of the Personal Finance Society (PFS) Keith Richards has said.
A workable and affordable simplified advice framework must urgently be established to ensure ‘ordinary savers’ properly benefit from next year’s pension freedoms, delegates heard.
The UK's largest adviser network is undertaking a widespread past business review following a £6m fine for advice failings last year. Laura Miller speaks to those in the firing line to uncover details of the secretive Project Minerva...
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