The 'lifestyling' of stakeholder child trust funds (CTFs) by providers should begin when account holders reach age 15, two years later than currently, the government has proposed.
From the editor: A big unanswered question for pensions 'guidance'
The Pensions Advisory Service (TPAS) and the Money Advice Service (MAS) will struggle to cope with the scale and speed of meeting the guidance guarantee, industry figures say.
Ashcourt Rowan has announced chief operating officer Richard Sinclair is to leave the group at the end of the month.
The proposed role of the Money Advice Service (MAS) in delivering financial guidance to thousands of retirees is "concerning", according to Treasury Select Committee (TSC) chairman Andrew Tyrie.
Revealed: The 12 standards retirement 'guidance' providers must meet
Stakeholders have welcomed the government's decision to mandate regulated advice for those seeking to transfer out of a private sector defined benefit (DB) pension scheme.
Pensions minister Steve Webb has given the clearest indication yet of the make-up of the government's retirement ‘guidance guarantee', which will include a clear "hand off" to full advice for those who need it.
The full transcript of our interview with pensions minister Steve Webb
Pensions minister Steve Webb said he was "astonished" when he learned of a claim by a former senior government adviser that the pension reforms were designed chiefly to bring forward the Treasury's tax income.