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Retirement

Income

RP Poll: Should retirees be allowed to sell their annuity for cash?

In the latest Retirement Planner poll we gauge opinion on pensions minister Steve Webb's plan to allow retirees to sell their annuity contract for cash.

clock 09 January 2015 •

Equity release

Blog: Why it's time for advisers to take equity release seriously

Andrea Rozario on the surge in demand for equity release and the opportunities for properly qualified advisers

clock 08 January 2015 •

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Debt and luxury items trump retirement saving in 2015 - research

A quarter of consumers plan to make paying down their debt a priority in the coming year, research by a financial services firm has found.

clock 08 January 2015 •

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FCA and AMPS 'rift' leaves SIPP operators adrift on pension liberation

The Financial Conduct Authority (FCA) and the Association of Member-Directed Pension Schemes (AMPS) "are not on speaking terms" after last year's SIPP capital adequacy showdown - leaving providers with little or no support in the fight against pension...

clock 08 January 2015 •

Pensions

Tesco could scrap workers' DB scheme as it closes stores and suspends dividend

Beleaguered supermarket Tesco is planning a cost-cutting drive which will see it suspend its dividend, close stores, and appoint a new UK CEO in a bid to reverse its fortunes.

clock 08 January 2015 •

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Advisers back risk-managed funds over annuities for retirement income

Risk-managed funds will overtake annuities to become the preferred retirement income strategy over the next decade, according to an Aegon adviser survey.

clock 07 January 2015 •

Income

The freedom to sell your annuity (read: The freedom to get screwed)

The freedom to sell your annuity (read: The freedom to get screwed)

clock 06 January 2015 •

Pensions

'Some pensions knowledge helpful': Guidance guarantee recruitment drive begins

The Pensions Advisory Service (TPAS) and Citizens Advice have released job specs for people looking to provide pensions 'guidance' - with each organisation requesting different levels of desired pensions knowledge.

clock 06 January 2015 •

Regulation

Network subject to recruitment ban now welcoming new recruits

Adviser network Financial Ltd has received numerous applications from firms to join since a recruitment ban was lifted late last year, director Brian Galvin has said.

clock 06 January 2015 •

Regulation

FOS cuts budget 13% and freezes levy at £23m

The Financial Ombudsman Service (FOS) is to make further cuts to its operating budget in the coming financial year and has frozen its levy at £23.3m.

clock 06 January 2015 •
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