Income

Only 1% of savers have opted to cash in their pensions completely since the retirement 'freedom and choice' reforms took effect last month, according to the country's biggest retirement adviser.

A surge in demand post-RDR makes for positive headlines, but it also masks a bigger problem

New pensions minister Ros Altmann must continue with the package of bold reforms that her predecessor began and focus on encouraging a "rebirth of savings culture" in the UK, Michael Johnson has said.

Fraudsters masquerading as state-owned National Savings & Investments (NS&I) are cold calling retirees to offer the chance to invest in the government's market-leading ‘pensioner bonds'.

Insurer Zurich is to pass its £1.2bn legacy annuities business covering 28,000 clients to specialist Rothesay Life.

'Retirement ready' clients need long-term advice

Two-thirds (65%) of people aged over 55 and still in work think financial advice at the point of retirement should be compulsory, according to research.

Workplace pensions: Three key predictions

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.

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