As many as 6,000 people have accessed the Money Advice Service's (MAS) retirement adviser directory in its first month of operation, the consumer body has said.
A lack of regulatory guidance around insistent client handling could lead to the emergence of specialist firms who will seek to exploit retirees for a quick income, an adviser has warned.
Income drawdown has become an increasingly popular option among advisers for clients with smaller retirement pots, as demand for the product surged overall post pension freedoms, research has suggested.
Questions are being raised over the contracts on offer to exiting Sesame network advisers considering buying-in the support of its sister company Bankhall, which include an apparent two-year tie-in and "ridiculous" annual fees for services.
Five questions to ask hopeful DFM partners
Standard Life's UK business has reported a 5% increase in assets under administration (AUA) following net inflows of £1.5bn and "positive market movements".
The Conservatives will introduce a law that will guarantee there will be no rise in income tax rates, VAT or national insurance before 2020, the party is to announce.
Single out what clients actually want and only charge for that, rather than 'pandering to the wealthy' with expensive packaged bank account-style add-ons, an advice firm has said, as it launched its 'manifesto' for the coming years.
Five unintended consequences of pensions freedom
Network Intrinsic has been confirmed as the preferred partner of Sesame, promising advisers of the closing network a 'smooth' transition should they choose to switch.