Enhanced Retirement Account to be scrapped
Pension freedom opened drawdown to the mass market
Some 70% expect to be using them with clients in the near future
Annuity businesses to combine
Later life advice market 'increasingly competitive', chairman says
The government's tax relief consultation is not aimed at incentivising consumer saving, despite claiming that is its main aim, Partnership's Steve Groves has said in a damning presentation on the issue.
Homeowners aged between 65 and 74 are increasingly using equity release to supplement their income in later life, figures from the Equity Release Council's (ERC) market report have shown.
Partnership is to launch a self-invested personal pension (SIPP) account which houses both annuity and drawdown options.
National advice firm Lighthouse Group has entered an 'affinity' contract with the Association Of Teachers and Lecturers (ATL), gaining it access to 170,000 prospective new clients.