The Financial Conduct Authority (FCA) has altered the scope of its retirement income study following the huge changes to annuity rules announced in the Budget.
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Can we just pause for a moment? Reaction to the (latest) pensions upheaval
The government's wide ranging reforms of the pension income landscape have been confirmed in the Queen's Speech.
Sweeping pension and annuity reforms will be the centrepiece of the Queen's Speech later this morning.
Platform Ascentric has removed the set up and transfer-in costs on its in-house self invested personal pension (SIPP) and cut its annual tax wrapper fee from £150 to £100.
Chancellor George Osborne is in danger of emulating Robert Maxwell "as a destroyer of pension savings" with plans for a retirement 'guidance guarantee', Tom McPhail has warned.
Product providers should have no role in delivering free retirement guidance, following the 'advice for all' proposals in the Budget, Legal & General (L&G) chief executive Nigel Wilson has said.