Most savers have no intention of taking on the risks of investing in equities once they have begun to draw their pension, research suggests.
Life, pensions and investment group Royal London is investigating the possibility of launching a 'new form' of with-profits product next year, as the number of traditional policyholders declines.
The Money Advice Service (MAS) directory of retirement advisers will shortly include a display of adviser fees and charges to help consumers compare and contrast, following a delay, its chief executive Caroline Rookes has said.
The government is being urged to ban defined benefit to (DB) to defined contribution (DC) pension transfers to minimise "complexity and confusion" once the 6 April retirement 'freedoms' are rolled out.
Troubled overseas property investment scheme Harlequin has put its headquarters up for sale.
Restricted advice network giant Sesame witnessed a near-30% fall in new complaints in the second half of last year, as customer gripes related to banking and credit cards rose.
Three things clients may call you about this week
The information watchdog is to investigate claims pension data is being sold to fraudsters and cold-callers for as little at 5p without consent, according to reports.
The regulator is to investigate claims that some retirees who use pensions freedom to access their savings will be hit with ‘rip-off' charges, according to the Daily Telegraph.