Retirement

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

Millions of pension savers will be prevented from taking cash freely from their retirement funds next April unless they pay hefty penalties that could slash their pots by more than 20%, according to reports.

The Pensions Regulator (TPR) used its formal powers to ensure employers comply with their automatic enrolment duties on 23 separate occasions up to the end of June this year.

Axa Wealth saw funds under management on its wrap proposition Elevate rise by £2bn in the last 12 months.

Our technology expert takes a look at the provider's D2C guided architecture platform...

Increasing advisers' average productivity with the use of technology and attracting young talent are the keys to narrowing the advice gap in the wake of declining intermediary numbers, according to Standard Life's Barry O'Dwyer.

The full transcript of our interview with Standard Life's Barry O'Dwyer

Threadneedle has launched a Global Multi Asset Income fund, to be managed by Toby Nangle, as it seeks to provide an alternative vehicle for retirement assets.

Life and pensions underlying profits at Lloyds Banking Group were down 18% to £461m in the first half of the year, latest results show.

The guidance guarantee, if delivered as planned, will do little more than deter people from "doing stupid things" with their pension pots - it will not help them plan for their retirement, according to LEBC.