Pension contributions are likely to increase following the Chancellor's sweeping retirement income changes announced in the Budget, advisers predict.
Ros Altmann is to work with the Department for Work and Pensions (DWP) to champion older workers as the government moves to better support people aged over 50 in the labour market.
Advice firms have raised fears over "systemic mis-selling" through simplified advice and said ongoing regulatory uncertainty has stifled market developments, according to the Financial Conduct Authority (FCA)
The pensions industry must work together to establish an efficient and consistent transfer method or risk having a poorer version inflicted upon it by the regulator, Tom McPhail has said.
The Bank of England's new deputy governor, Minouche Shafik, has hinted to MPs that interest rates could be about to go up, the FT reports.
Savers care greatly about building up retirement income but feel ‘disconnected' from the current pensions system and need greater support from providers, research has found.
Will simplified advice be the post-Budget big winner?
A retired IFA currently battling an Ombudsman payment protection insurance claim dating from the 1980s says the lack of a complaints long-stop for advisers is "crazily unfair" and is pushing his MP to intervene.
Revenue at wealth manager and employee benefits business Mattioli Woods grew by a quarter in the past 12 months, latest figures show.
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