Retirement

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...

Five outstanding retirement advice firms were honoured at the Retirement Planner Awards 2015.

The government is to examine whether savers looking to take advantage of the pension 'freedoms' introduced in April face "excessive" early exit charges.

The Financial Conduct Authority (FCA) has highlighted shortcomings in the way some advisers have handled 'insistent' clients in the past, as examples of what today's advisers should steer clear of.

There were more than 750 reported cases of pension liberation fraud last year, an increase on the previous 12 months, according to the latest figures.

The Chancellor has told the House of Commons 60,000 savers have taken out a total of £1bn since April, when pensions freedom came into effect.

Professional Adviser's bitesize guide to developments advisers should know about (but which didn't quite merit their own headline)...