More people than ever are saving for retirement with 56% of the population now putting ‘adequate' amounts aside each month, Scottish Widows research has found.
Hargreaves Lansdown has launched a low-cost retirement planning service aimed at filling the advice gap between Pension Wise and regulated financial advice.
The Financial Conduct Authority (FCA) has defended the methods it uses to calculate advisers' contribution to its annual costs as fair and proportionate, as it confirmed a 10% hike for firms for 2015-2016.
Two north-west businesses have been wound up by the High Court after convincing 209 people to put total pension savings of just under £12m into a fraudulent investment scheme.
Insurer LV= is trialling a pension passport scheme in place of traditional retirement wake-up packs to boost client engagement.
The Financial Ombudsman Service (FOS) has warned an increasing number of advised clients are reviewing their investments in unregulated collective investment schemes (UCIS) with a view to making a complaint.
Retirement Advantage has pulled a number of products from the equity release market, leaving just its Interest Select Gold deal at 5.99% available to customers.
Ten important questions advisers should be asking
Some workers put into Now Pensions and the People's Pension have been mistakenly enrolled multiple times, PA's sister title Professional Pensions understands.
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