Simplified advice could include an element of commission on a limited range of products to ensure people can actually afford to see a financial planner, Sheriar Bradbury has said.
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Partnership Assurance Group, the enhanced annuity specialist, has scrapped plans to issue bonds despite "significant interest" from investors.
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.
Maximising retirees' tax positions will become all-important post-pension freedoms, giving advisers huge on-platform planning opportunities, Zurich's Alistair Wilson has said.
The Budget freedoms that come into force in April could trigger mis-selling claims worth billions of pounds, law firm Sackers has warned.