Retirement

Life, pensions and investment company Royal London is seeking to provide its non-advised retirees with access to independent advice "at low cost" in the wake of the Budget pension freedoms.

Catch up: Five pensions stories you might have missed

Legal & General Assurance Society (L&G) has been directed to compensate two clients it advised to transfer savings out of their employer's pension arrangements 21 years ago.

The Pensions Advisory Service (TPAS) is trialling a financial capability tool to help prepare for its future role as a provider of free guidance to savers.

The products already exist, now let's guide retirees

Demand for drawdown is likely to increase by a factor of five when retirement freedoms kick-in, causing a market ‘capacity crunch', Standard Life has warned.

Thousands of savers face being hit with fines from the taxman for using their pension like a cash machine for the first time.

Baring Asset Management has rebranded its multi-asset Portfolio fund as the more flexible Dynamic Capital Growth fund in a bid to make it more attractive to pension savers.

Legal & General (L&G) has reported record bulk annuity numbers which it said had "more than offset" a 61% drop in sales of traditional annuity policies since the Budget reforms were announced.

Demand for annuities climbed 10.5% in September despite tumbling rates, analysis from IRESS has found.