Hargreaves Lansdown has launched a low-cost retirement planning service aimed at filling the advice gap between Pension Wise and regulated financial advice.
Insurer LV= is trialling a pension passport scheme in place of traditional retirement wake-up packs to boost client engagement.
The industry has welcomed the government's proposal to allow consumers to sell on their existing annuities but has clashed over whether advice should be mandatory for those wanting to sell.
Mandatory advice on pension freedom cases with guaranteed annuity rates worth more than £30,000 should be scrapped and replaced with a ‘customer control' mechanism delivered through the Pension Wise service, the Association of British Insurers (ABI) has...
Live long and prosper? Longevity risk and the role of advice
We're in a brave new pensions world
The creation of a second-hand annuity market is guaranteed to happen, according to former pensions minister Steve Webb, who suggested the Treasury has already ‘banked' the cash it expects to receive from the policy.
Advisers must take the lead in the 'decumulation revolution'
Here's to the next 25 years of pension saving
Ministers have given out mixed messages on when the government will intervene against providers failing to offer full pension flexibility.