Ex-pensions minister sounds stern warning
Survey quizzed 300 advisers
Royal London blocked £9k pension pot transfer
The chief executive of life and investments provider Royal London has renewed his criticism of proposals to tax income saved into pensions like an ISA.
Mutual unveils 'ProfitShare' initiative
Prudential has topped the Financial Conduct Authority's (FCA) list of the most complained about pension firms, as the number of grievances raised about retirement products jumps 20%.
A change in the way the government collects tax on pension savings will not make people save more way for their retirement, according to the latest consumer research.
Royal London has sold the client bank of its old direct to consumer (D2C) fund platform, Fundsdirect, to online direct investment firm Strawberry Invest.
Royal London is to heighten warnings it gives to pensions freedom retirees looking to encash their pots as hundreds of savers withdraw cash with the intention of keeping it in bank accounts.
Saving levels could fall significantly if the government implements a tax change to pensions which would see them treated like ISAs, the chief executive of provider Royal London has warned.
Former pensions minister Steve Webb has joined Royal London as director of policy and external communications.
Former pensions minister Steve Webb is on the verge of joining Royal London, a company which last year criticised his charge cap policy as “headline-grabbing”, according to reports.
F&TRC has launched a ratings service to better assist advisers and employers navigate the workplace pensions market.
Royal London has reported a stark mix of success and disappointment in its first quarter results, with massive outflows from its investment business and soaring sales of its pension products.
Life, pensions and investment group Royal London is investigating the possibility of launching a 'new form' of with-profits product next year, as the number of traditional policyholders declines.
Countdown to 6 April: The line up in The Great Pension Reforms Race
George Osborne’s pensions freedom package, due to come into force in April, is at risk of becoming an “infamous example of political bungling” unless advice concerns are addressed, Phil Loney has said.
Ascentric managing director Hugo Thorman is to leave the firm this summer following Royal London's buyout of the platform's minority shareholding in the business.
‘I’m hanging my hat on simplified advice’: The future of retirement advice post-2015
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.
Life, pensions and investment company Royal London is seeking to provide its non-advised retirees with access to independent advice "at low cost" in the wake of the Budget pension freedoms.
Royal London has reported a 45% slump in pre-tax profit in H1, pointing to regulatory charges as a key contributor, while its wrap platform Ascentric saw new business slide 20%.
Royal London has launched an annuity shopping around service to assist customers looking to buy a guaranteed income for life at the best rates.
Jon Taylor, head of the former Co-op life insurance business, is to replace Hugo Thorman as managing director of platform Ascentric.