Retirement

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.

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...

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.

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

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.