Retirement

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.

Our weekly heads-up on events, people moves and other bits for professional financial advisers...

The comeback kid: Why annuities aren't finished yet

Are there loopholes in the pension reforms?

Almost half of consumers due to retire within the next decade will be seeking help from regulated financial advisers, research claims.

How did you fare? The answers to our Ultimate Investment Quiz