Retirement

Our weekly heads-up on events, people moves and other bits for professional financial advisers...

Confusion about changes to pension rules will drive a huge surge in demand for pensions advice, according to a FundsNetwork adviser poll.

The Chancellor's pension reforms will see over-55s take out a total of about £5bn from their pension pots after the rules change in April next year, an actuarial firm predicts.

MPs have launched an inquiry into the progress of auto-enrolment after the shock changes to the pension system announced in the Budget.

John McFarlane, the chairman of insurer Aviva, has left the business to become chairman of banking group Barclays.

Self-invested personal pension (SIPP) holders with Scottish properties in their portfolios will need to consider their options in the event of a 'yes' vote in the upcoming independence referendum, says SIPP provider Suffolk Life.

Almost 9,500 income drawdown contracts were written in the second quarter of the year, with the mean pot size dropping to just over £50,000, latest figures from the Association of British Insurers (ABI) show.

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?