Here’s a round-up of five key retirement and advice stories from the past week...
The Financial Conduct Authority (FCA) has said it will look to take even earlier pre-emptive action against what it believes is bad practice in a bid to counter accusations from the industry that it unfairly employs retrospective regulation.
The Financial Conduct Authority (FCA) has set out its final definitions of regulated advice and personal recommendations in retail investment, in a move it hopes will help firms develop 'low cost' distribution models with confidence.
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The new Pension Wise service is being tested ahead of launch to ensure it meets any potential demand surges, according to pensions minister Steve Webb.
Citizens Advice has revealed the location of the first 44 centres that will deliver face to face guidance to retirees under the Pension Wise scheme.
Pension advisers face a massive increase in the amount they pay to the Financial Services Compensation Scheme (FSCS) as the service prepares for a "significant" rise in claims linked to self-invested personal pension (SIPP) advice.
In the latest Retirement Planner poll we ask readers to share their opinion on whether providers should offer consumers a default retirement income option…
While pension savers back the upcoming pension freedoms they are ‘daunted’ by the scale of choice on offer and want providers to offer them a default investment or drawdown choice, research has found.
A man in bankruptcy has retained his personal pension after a High Court judge decided he should not be compelled to hand it over under an Income Payments Order (IPO).
Steve Webb’s pot follows member policy will initially be rolled out on an opt-in basis and be limited to a selection of pension schemes, the minister has said.
Additional safeguards should be placed on pension freedoms to ensure people do not burn through their pension pots in the first years of retirement or get caught out under tax rules, Age UK has said.
Financial advisers look set to share a collective guidance guarantee bill of £4.2m in 2015-2016, according to government forecasts.
The Pensions Ombudsman (PO) has directed Standard Life to reconsider granting a transfer request to a suspected liberation vehicle after a scheme member complained about the provider.
There is a fly in the pension freedom ointment, writes Neil MacGillivray. Pension schemes are simply never going to be bank accounts…
David Brooks is coming out as ‘protectionist’ in the pension freedoms debate and warns the risk of pensioner penury is very real...
A proposed change to the Pension Schemes Bill may lead to a future cap on charges in drawdown funds.
The Financial Conduct Authority (FCA) and the Association of Member-Directed Pension Schemes (AMPS) “are not on speaking terms” after last year’s SIPP capital adequacy showdown – leaving providers with little or no support in the fight against pension liberation, according to Barnett Waddingham’s Andy Leggett.
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