Retirement

The Association of Professional Financial Advisers (APFA) has welcomed new proposals to fund the guidance guarantee set out by the regulator today, saying it could save the advice industry £2m-£4m a year.

Provider Scottish Widows has announced a restructure of its pension and investment business, confirming the loss of 130 roles across the UK.

The Financial Conduct Authority (FCA) plans to cut the adviser guidance guarantee levy by 50% and has announced tougher standards on the bodies tasked with delivering guidance to the public.

About 700,000 people reaching state pension age over the next ten to 15 years are at "high risk" of making poor decisions when accessing their retirement income, according to a Pensions Policy Institute (PPI) report.

Henry Tapper explains why Labour is right to threaten a cap on drawdown fees

Axa Wealth is to drop charges associated with drawdown and its Pension Investment Account on its Elevate platform.

The pensions industry has rejected government proposals to tinker with auto-enrolment (AE) earning thresholds and called for a complete overhaul.

The number of women saving adequately for retirement has reached a four year high, according to Scottish Widows Women and Retirement report.

HM Revenue & Customs (HMRC) has clarified its position on why certain retirees using standalone lump sums trigger a reduced annual allowance.

The government's Equitable Life Payments Scheme (ELPS) has now issued over £990.5m worth of payments.