Retirement

Life fund consolidator Phoenix Life has widened its partnership with Just Retirement to allow clients access to the government's new pension freedoms and simplified advice.

Standard Life is urging advisers to review their clients' legacy personal pensions to avoid their beneficiaries being forced to buy an annuity when they inherit the pots and avoid potential future negligence claims.

There has been a sharp rise in demand for financial advice over the past 12 months, according to accountants, who claimed people have become more aware of pensions and inheritance tax planning.

Income levels from standard annuities have fallen to all-time low levels just three weeks after pensions freedom and choice was introduced, according to Moneyfacts research.

An adviser has criticised Scottish Widows for "appalling" customer service for forcing a client to wait two months to take his tax free lump sum from his pension.

Rory Percival has been confirmed as the keynote speaker at the Retirement Planner Forum and Awards on 17 June.

The Pensions Ombudsman (PO) has dismissed complaints against Legal and General (L&G) and Scottish Widows after they granted transfer requests worth over £50,000 to a suspicious pension scheme.

Retirement planning firm Intelligent Pensions has launched a pension transfer service for advisers wanting to help their clients transfer out of defined benefit (DB) schemes.

Professional Adviser's Armchair Critic takes a look at the Pension Wise website, and can't quite believe what he is (and isn't) reading...

Retirement specialist Just Retirement has partnered with wealth management technology firm GBST to power its new platform for retirement savings to be launched in the coming month.