Retirement

Another string to your bow: Financial advisers as business strategists

The guidance guarantee will fuel demand for independent advice and will be a "huge opportunity" for advisers, pensions minister Steve Webb has said.

Pensions industry stalwart Billy Burrows has joined annuity broker Key Retirement Solutions as associate director.

Steve Webb has repeated his call to scrap the lifetime allowance on pension saving and introduce a flat-rate tax relief of 30% on contributions.

The Pensions Regulator has urged trustees and employers to "work in a collaborative and transparent way" on scheme funding in its latest defined benefit code of practice.

The Association of Professional Financial Advisers (APFA) has called on the Money Advice Service (MAS) and The Pensions Advisory Service (TPAS) to deliver the government's at-retirement guidance guarantee.

The number of savers putting enough money into their pension to secure an adequate retirement is at its highest level since 2009 at 53%, according to Scottish Widows research.

In this week's quick-fire Retirement Planner poll we ask: Should providers be 'forced' to provide the guidance guarantee?

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

The government must make an "urgent decision" on the specifics of the guidance guarantee to ensure the April 2015 deadline is met, Friends Life has said.