Aviva has overhauled its income drawdown offering and launched a flexible product to give retirees more choice when taking retirement income.
Taking a hefty tax charge on the chin might be the right decision
Partnership Assurance has overhauled its board with the announcement of two new appointments and the departure of Robin Phipps and Marisa Cassoni.
Invesco Perpetual's Mark Barnett has taken over Neil Woodford's £8.4bn Income and £13.1bn High Income funds with immediate effect, ahead of his original end-April start date.
Telling clients their investment idea is a 'no go' is a tough job, but someone's gotta do it
Tax relief is "the lowest hanging fruit in Whitehall" and politicians were prepared to slash current levels to save the Treasury millions of pounds, according to a think tank.
Phoenix Life attracted more than 400 complaints in the final six months of last year, according to latest data from the Financial Ombudsman Service (FOS).
Hargreaves Lansdown has confirmed a number of its new discounted fund deals will be subject to HMRC's rebate tax, with only 9 of the 27 funds on its Wealth 150 Plus list available via preferentially priced share classes.
Annuity provider Just Retirement has reduced its minimum fund size to £2,000.
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