The retirement guidance guarantee will not be delivered by the Money Advice Service (MAS), the Treasury has said, in a reversal of the government's previous announcement.
Annuities will soon be protected 100% by the Financial Services Compensation Scheme (FSCS) if recent proposals by the Prudential Regulation Authority (PRA) get adopted.
Pensions minister Steve Webb has put annuity reform at the top of his wish list should he remain in post after the election.
Almost three quarters of advisers want to be included on a Money Advice Service (MAS) directory for firms prepared to give retirement advice to those who have received free pensions 'guidance' under a government scheme, research suggests.
Blog: May you live in interesting (retirement) times
HSBC is to review historical pension transfer cases to see if it is earning trail income for ongoing advice it is not delivering.
Sales at annuity provider Partnership were down more than 70% over the past three months of trading, the firm has said.
The Pensions Regulator (TPR) expects a significant increase in the number of sanctions it hands out for auto-enrolment non-compliance as small employers hit their staging dates.
Why attempts to ‘sex up’ pensions flexibilities are wrong and confusing
From 'give us a quote' to 'what should I do?': How pension freedoms are transforming client behaviour