Retirement

People within ten years of their state retirement age will be targeted in a new communication campaign from the Department for Work and Pensions launched to better explain state pension changes.

IFA PQR Financial Planning has launched a pension transfer advice service for clients of advisers who are reluctant or unable to carry out the business.

ISA-style pensions don't 'stand up to scrutiny'

Closed life consolidator Phoenix Group is in talks with Guardian Financial Services over a buyout deal valued at more than £1bn.

Why advisers are central to equity release

A mandatory requirement on providers to use Origo's Options Transfers service is among the suggestions for improving the efficiency of pension transfers.

The regulator has said it understands advisers' concerns about their liability for simplified advice, saying it has made the issue a core part of the Financial Advice Market Review (FAMR).

Some providers that insist regulated advice be taken by customers seeking to transfer out of their pensions are unsure why they require it, research suggests.

Tax relief at the point of retirement saving is the most powerful way to get people to create a later life nest egg, according to Zurich, making it the latest provider to come out against the government's plans to treat pensions like ISAs.

Government plans to merge ISAs and pensions would harm retirement saving and mean more retirees run out of money, Axa Wealth head of retirement planning Andy Zanelli has warned.