Chancellor George Osborne has written to the chairman of the Financial Conduct Authority (FCA) criticising the regulator for its "damaging" behaviour in releasing details of its investigation into insurance policies before a formal announcement.
The Chancellor's 'right to advice' for pensioners at the point of retirement will be a right to 'free impartial guidance', not regulated advice, the Financial Conduct Authority (FCA) has confirmed.
People who have already taken their tax-free lump sum will be given more time to decide what they want to do with the rest after the government scrapped the rule forcing action to be taken within six months.
Labour has backed the Chancellor's move to radically overhaul the pension system, which will give retirees freedom to do what they want with their money at age 55.
I don’t think I’m speaking out of turn when I say this government is wilfully playing fast and loose with people’s futures.
Changes to drawdown limits set out in yesterday's Budget give advisers just two weeks to reassess and take necessary action for clients needing fixed protection 2014, according to Dentons.
The Budget ushered in massive changes in the retirement income space. Helen Morrissey asks what this means for the industry.
Today's Budget pension reforms will not irreparably damage the annuity market says Just Retirement's customer insight director, Stephen Lowe.
The Office for Budget Responsibility (OBR) has raised its forecast for UK economic growth this year as the recovery continues to gather pace.