Retirement

Pension providers that "cream off profits" and withdraw from the auto-enrolment (AE) market just as small and medium-sized employers (SMEs) stage should be fined, Defaqto says.

In this week's Retirement Planner news round-up we highlight five key stories you might have missed over the past seven days.

In this week's quick-fire Retirement Planner poll we ask: Are your clients working longer?

A ‘yes' vote in the Scottish referendum could see Standard Life move its pensions, investment and other long-term savings operations out of the country.

An industry trade body is warning investors about the risks of putting money into store pod investments advertised by a former Top Gear presenter, based on what it says are inaccuracies in the scheme's marketing material.

Advice firm Chase de Vere has sold it's self-invested personal pension (SIPP) book to provider Barnett Waddingham for an undisclosed sum.

The chief executive of the Financial Conduct Authority (FCA) has said the market will innovate to close any advice gaps created from changes brought in following the Retail Distribution Review (RDR).

The Investment Management Association (IMA) has highlighted the scale of regulatory change that may be required if Scotland votes for independence, after revealing 11% of total fund industry assets are run by Scottish-based groups.

Self-invested personal pension (SIPP) providers holding Harlequin investments are set to earn £17m from investors in fees over the next ten years, according to a law firm, while the underlying investment could be virtually worthless.

Martin Wheatley, the chief executive of the Financial Conduct Authority (FCA), said he has confidence the Money Advice Service (MAS) is a "competent organisation", though said it faces a huge operational challenge to deliver the free financial guidance...