Retirement

People should get early access to some of their pension pot to make saving more attractive to younger workers, an actuarial group has said.

Countdown to 6 April: The line up in The Great Pension Reforms Race

Cash-for-annuities could cost pensioners twice

It’s time for a rethink on DB pension transfer advice

Bower Retirement Services, an advice operation specialising in equity release, has bought IFA firm Sixty Plus.

Controversial proposals to allow existing pensioners to sell their annuities for cash - and insurers to compete for the contracts - are to be discussed by ministers this week ahead of the 18 March Budget, according to reports.

Consumers must accept responsibility for their decisions in retirement when the new flexibility rules come into force in April, Financial Conduct Authority (FCA) chief executive Martin Wheatley has said.

Networks don't collect enough money from their advisers to maintain sufficient systems and controls, which means they can only go one way - down, according to the chief executive of IFA network 2plan.

True Potential has launched a tool on its platform which will allow advised clients to manipulate their financial plan independent of their adviser.

Video: Rebooting Retirement Income (Part 3)