The Queen's Speech will confirm the government's intention to push ahead with public sector pension reform despite opposition from major unions.
Just Retirement annuity sales, including enhanced and fixed term products, were up more than 35% to £313.2m to 31 March, third quarter results show.
Punter Southall Group has launched an at-retirement business focused on annuity broking and pre-retirement communications led by two former Origen executives.
Almost half of advisers have reported a shift in client money away from traditional pension saving to alternative products, a YouGov poll has found.
A number of pensioners in income drawdown who have seen their payments fall by up to 50% have complained of potential adviser ‘mis-selling', a provider has said.
The number of pensioners and ‘wealthy individuals' being declared bankrupt has increased in the last quarter, according to analysis of figures from the Insolvency Service.
Self-invested personal pension (SIPP) disclosure changes should be deferred for at least a year to avoid disrupting implementation of the Retail Distribution Review (RDR), Aegon has warned.
A car supermarket has been fined £91,000 by the Financial Services Authority (FSA) for failing to properly monitor sales of payment protection insurance.
Assureweb has been bought out American-based iPipeline as part of its expansion into the UK market.
Scottish Life has launched an adviser-focused automatic enrolment website designed to help build IFA knowledge of upcoming pension reforms.