Retirement

Assets under administration at platform and self-invested personal pension (SIPP) provider James Hay hit £16bn in the third quarter of the year, however, expected profit forecasts at the business have been cut.

Technology provider Intelliflo has unveiled a new chief executive as current incumbent and company founder Nick Eatock becomes executive chairman.

The Financial Services Compensation Scheme (FSCS) expects to pay out £60m in claims against failed ARM bonds distributor Catalyst Investment Group this year.

Association of British Insurers (ABI) director general Otto Thoresen is to step down in 2015 to chair the National Employment Savings Trust (NEST).

Prudential has said a pick-up in bond sales helped negate a near 50% reduction in annuities new business in the first nine months of the year.

The government expects some people to "make the wrong choices" and receive a worse outcome than under the existing system when changes designed to give retirees the power to do as they wish with their savings are rolled out in the spring, pensions minister...

Almost half of people are unaware how changes to the state pension will affect them with just over 500 days to go until historic reforms are introduced, research suggests.

The Financial Conduct Authority (FCA) is considering a number of recommendations on how financial services firms can improve the way they handle complaints, including removing a rule stating that not all gripes must be reported to it.

The government has launched an online hub within video sharing site YouTube in a bid to aid consumers' understanding of pensions.

New wave: Advising consumer savvy retirees in the new pensions world