The 'elitist' Retail Distribution Review (RDR) should be delayed to avoid the destruction of the financial advice industry, Lord Flight has said.

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An e-petition calling for drawdown rates to be revised to help pensioners who have seen their income drop has been posted on the government's website.

The Pensions Income Choice Association (PICA) has pushed Steve Webb to ensure 2.5 million members of trust-based pension schemes are covered by the forthcoming industry code of conduct.

More than half a million low-paid workers could lose out on thousands of pounds in employer pension contributions if the government increases the auto-enrolment earning trigger, unions have claimed.

A list of permitted self-invested personal pension (SIPP) investments would bring clarity to the market but would be hard to implement, Hornbuckle Mitchell has said.

Fixed term annuities can benefit clients in the right situation and should be given full consideration by advisers dealing with clients approaching retirement, according to a report.

BATTLE OF THE SEXES

Auto-enrolment into workplace pension schemes with complex, high and outdated charging structures will spark an "unprecedented" mis-selling scandal, a report has warned.

Almost 70% of offshore bonds fail to meet the regulatory requirements of the Retail Distribution Review with less than three months until implementation, a survey has found.