The freedom to sell your annuity (read: The freedom to get screwed)
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.
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.
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.
Our weekly round-up of hires, events and other bits for professional advisers...
Steve Webb's plan to extend pension freedoms to all retirees, creating a market for annuity resales, is well-meaning but unlikely to work in practice, Fidelity retirement director Alan Higham has said.
...clients will call you about this week
Retirees who had already purchased an annuity may be able to benefit from the pension freedoms announced at last year's Budget by selling theirs to the highest bidder.
The victor in the latest PA Debate examining whether clients would choose income drawdown over uncrystallised funds pension lump sum (UFPLS) next April has been decided.
Take a look through our tongue-in-cheek list of this year's saints and sinners