Retirement

A new survey has suggested the real reasons just one in five of the over-55s - and just 13% of men - are willing to pay for financial advice.

Here is our weekly heads-up on the stories that may have caught your clients' attention over the weekend...

Phoenix Life has backed down from demanding a saver get financial advice before it would release his £13,300 pension pot.

The Financial Ombudsman Service (FOS) has upheld a complaint against Sesame about unsuitable annuity advice, but refused to side with the complainant about the redress due.

Annuity provider merger raises pricing questions

Suspended, illiquid and distressed investments

The Financial Conduct Authority (FCA) has banned another former director of one of the main distributors of troubled investment Harlequin Property, fining him £165,900 for failings linked to pension advice.

Sanlam Private Wealth has launched a dedicated retirement income service for clients navigating the post-pensions freedom market.

The amount of tax the government has collected from people breaching the lifetime pension allowance (LTA) has risen by 276% since George Osborne became Chancellor.

Former pensions minister Steve Webb has joined Royal London as director of policy and external communications.