Retirement

Everything advisers need to know about the week

Guidance guarantee providers will be liable for redress in the event of a consumer complaint about Pension Wise, the Financial Conduct Authority (FCA) has said.

A new advisory business is using a popular face aging app to show clients what they will look like in 30 years, after evidence suggested consumers' attitudes to long-term savings shift if they see an older version of themselves.

Helen Dean has been appointed chief executive of the National Employment Savings Trust (NEST) and will take over from Tim Jones in the autumn.

'The case for annuitisation is especially weak right now'

Provider Zurich is reviewing whether to allow legacy retail clients access to its flexible drawdown product on a non-advised basis, in an effort to streamline pension freedom.

People living overseas looking to transfer their UK pensions face having to pay for advice twice under the latest Financial Conduct Authority (FCA) rule update.

Income drawdown may need to be delivered collectively to account for mass market demand, according to Legal & General Investment Management (LGIM).

The Pensions Regulator (TPR) is considering bringing its guidance to trustees of large schemes on communicating new retirement flexibilities in line with Financial Conduct Authority (FCA) rules.

HM Revenue & Customs (HMRC) has updated its list of qualifying recognised oversea pension schemes (QROPS) leaving just a single Australian scheme on its books.