Retirement

A BlackRock defined contribution (DC) saver has used pensions freedom to cash in a £300,000 pot despite warnings he would be hit by the 45% additional tax rate.

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

Fraudsters targeting pension pots in the wake of freedom and choice reforms are increasingly linking their efforts to investment scams such as fine wines and overseas property, Citizens Advice has warned.

Clients insisting on going against their adviser's recommendations should be asked to put their instructions in writing to show they are aware of the risks, a compliance officer at support services provider SimplyBiz has suggested.

Guaranteed retirement income is more than a pay cheque

Golden age: Making the most of drawdown

Insurer Aviva has vowed to drive up the number of products held by its customers following the integration of former rival Friends Life and launch of a direct to consumer service.

In the wake of the pension freedoms, do advice firms need a centralised retirement proposition and, if so, how might that differ from an investment proposition? Come along to the 2015 FE Investment Summit next month to find out...

Post-it note size stuff for IFAs and paraplanners

In the week the government launched a major review of the financial advice market, Professional Adviser looks at the impact the Tories have had on the sector in their first 90 days in power...