Mandatory advice on pension freedom cases with guaranteed annuity rates worth more than £30,000 should be scrapped and replaced with a ‘customer control' mechanism delivered through the Pension Wise service, the Association of British Insurers (ABI) has...
Live long and prosper? Longevity risk and the role of advice
Mattioli Woods is to acquire advice firm Boyd Coughlan in a £7m deal and has also announced plans to raise a more than £18m from shareholders to fund further growth.
Standard Life chief executive David Nish is to step down after running the provider for six years.
Frank Field has been elected as chairman of the House of Commons Work and Pensions Committee.
We're in a brave new pensions world
IFA Nick Bamford accepts Rory Percival's challenge over FOS verdicts
The creation of a second-hand annuity market is guaranteed to happen, according to former pensions minister Steve Webb, who suggested the Treasury has already ‘banked' the cash it expects to receive from the policy.
The retirement reforms resemble a "botched DIY job" according to the Trades Union Congress (TUC), as the government comes under fresh attack for its implementation of the pension ‘freedoms'.
Financial Conduct Authority (FCA) technical specialist Rory Percival has re-issued a call to financial advisers to offer up evidence of discrepancies between how the regulator and ombudsman view liability - and said he had even taken to looking at adjudications...