Retirement

The £1.7bn merger of providers Just Retirement and Partnership will result in a "near-monopoly" in the medically underwritten annuity market, a consultant has said.

Far from bowing out gracefully after getting booted in the Budget, the PIP is having a final hurrah of complexity...

Sesame Bankhall Group (SBG) has lost almost 60% of its network's member firms in the wake of a decision to kill-off its problem-laden investment advice business.

Annuity businesses Just Retirement and Partnership have announced a merger deal.

The Pensions Ombudsman has thrown out a claim against Hargreaves Lansdown over a delay in death benefits payments, saying the firm acted in a way that was "justified" and "not unreasonable".

Workers believe the tax treatment of pensions is too complex and would welcome switching to a system that treats pensions like ISAs, according to research from PwC.

The Financial Ombudsman Service (FOS) has denied an IFA's claim a client who invested her pension into Harlequin property "would have found an alternative adviser if they had not acted".

Generalist advisers will be put under pressure by cheap automated alternatives as consumers increasingly question the value of advice, online adviser Wealth Horizon has said.

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...