Income

TPAS' Michelle Cracknell talks guidance and advice

Invesco Perpetual's £600m Income & Growth fund is to move out of the Investment Association's UK Equity Income sector after failing to meet the trade body's yield requirements.

Just Retirement has reported annuity sales almost in line with its pre-Budget numbers, thanks in part to strong defined benefit (DB) sales in the second half of last year.

More than three quarters of people nearing retirement do not yet know which route they will take to fund later life, according to research.

Probability and the 4% rule: How to ensure your clients retire 'safely'

Hargreaves Lansdown has unveiled its low-cost drawdown plan ahead of 6 April which has no set-up fees or income withdrawal charges.

Retirees will have little comeback if they receive poor guidance outside of the Treasury's Pension Wise service, lawyers have warned.

... that clients may call you about this week

The £1.25m lifetime cap on tax free pension savings will affect workers who retire on anything from £20,000 a year, meaning those who start to save early could face tax charges of 55% when they retire, according to new research.

Old Mutual Wealth is to launch a flexi-access drawdown facility on its Collective Retirement Account ahead of pensions freedom on 6 April.