Fraudsters masquerading as state-owned National Savings & Investments (NS&I) are cold calling retirees to offer the chance to invest in the government's market-leading ‘pensioner bonds'.
Advisers should follow a simple three-step process when dealing with 'insistent' clients which will put them in a strong position should any future problems arise, Rory Percival has said.
The potential for savers taking free financial guidance to mistake it for advice is real and threatens everything advisers "have worked hard for", a financial planner argued in a panel debate on the government's Pension Wise service.
Advisers could be forced to collect and share client information on non-advised business with providers under new rules mooted by the Financial Conduct Authority (FCA).
Inflows onto Aegon's platform have tripled as the provider benefited from the effects of pensions freedom, it said in an interim statement today.
Insurer Zurich is to pass its £1.2bn legacy annuities business covering 28,000 clients to specialist Rothesay Life.
Malcolm McLean pays tribute to former pensions minister Steve Webb
Annuity specialist Just Retirement has reported sales are down by a fifth since the 2014 Budget that removed the need for people to buy its main product.
Royal London has reported a stark mix of success and disappointment in its first quarter results, with massive outflows from its investment business and soaring sales of its pension products.
(Unelected) Ros Altmann takes centre stage as pensions minister