Retirement

Insurer Prudential's chief executive Tidjane Thiam is to replace Brady Dougan at the helm of Swiss bank Credit Suisse.

Risk vs return vs retirement: A new battle in the fight for income

Citizens Advice will operate the Pension Wise service from more than 500 locations across England and Wales, it has confirmed today.

Providers have said a charge cap on income drawdown, as proposed by Labour leader Ed Miliband, is "unnecessary" and a "solution to a problem that does not even exist".

Legacy tech 'can't or won't cope' with pensions freedom

More than half a million people will be able to take advantage of the government's changing regulation around pensions from 6 April, according to latest official estimates.

A drawdown charge cap should be placed on sales to provider's existing customers to ensure people are not sold inappropriate products after pensions freedom comes into effect, Which? has said.

Standard Life will scrap charges linked to its flexible drawdown product in readiness for pensions freedom from 6 April.

Retirement Planner is hosting its third breakfast briefing on 26 March looking at the options and opportunities pensions freedom presents for advisers.

Aviva has said it expects its acquisition of rival Friends Life to generate extra revenue of £600m over the next two years, including and cost savings for the company of £225m.