Retirement

Professional Adviser's weekly heads-up on what your clients may have read in the national newspapers at the weekend...

Chancellor George Osborne will further relax pension rules in his Budget on Wednesday to allow the sale of annuity contracts.

Retirement advice firm Intelligent Pensions has launched a fixed low-cost drawdown plan ahead of pensions freedom on 6 April.

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.