Saga Investment Services, the recently launched financial planning business, has appointed Nicola Audhlam-Gardiner as managing director.
Annuitants drawing an income from small retirement funds are most likely to sell their contracts, among those in favour of proposals permitting them to do so, according to research.
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Saga and Tilney Bestinvest are to launch a joint venture offering investment and financial planning services to the UK's over 50s.
The number of people aged 65 and over in work has topped one million for the first time, figures published by the Office for National Statistics (ONS) show.
Wealth at Work is working with SAGA to provide a retirement income service to members.
Fiona Murphy asks whether the flat rate state pension will go ahead.
A "toxic combination" of low interest rates, spiralling inflation and the Bank of England's quantitative easing (QE) policy has hit over 50s spending power, Saga has said.
Pensioners are being left "permanently impoverished" by quantitative easing (QE) and analysis from the Bank of England (BoE) denying negative impacts is wrong, Ros Altmann has said.