‘Worrying' numbers of people are not using their pension savings efficiently leaving potential inheritors liable to a hefty tax, according to Skandia.
Just Retirement has announced a ‘record' Q4 with a 29% increase in total group sales at £1,464m.
Adviser charging for personal and group personal pensions can be applied general pensions advice, including annuity choice or drawdown, according to guidance from HM Revenue & Customs (HMRC).
The government must act to curb soaring cost of funding occupational pension schemes which is harming businesses' ability to invest and create jobs, employers have said.
Ann Dempster discusses the importance of getting the right system in place for auto-enrolment.
Actions not words are needed to end the "rip-offs" in private pensions, Labour's shadow pensions minister has said.
The National Employment Savings Trust (NEST) has ended its first ten months in operation with less money in its fund accounts than were made in initial contributions, after one member died and contribution charges ate into member pots.
Resolution has cancelled an intended £250m payout to shareholders after reconsidering the expected capital requirements of Friends Life.
Automatic enrolment will become the most expensive regulatory change imposed on businesses under the coalition government.