Retirement

The Financial Conduct Authority (FCA) has defended the Financial Ombudsman Service (FOS) from allegations of inconsistent case verdicts.

Pension contributions are likely to increase following the Chancellor's sweeping retirement income changes announced in the Budget, advisers predict.

Royal London has said it will continue to pay adviser commission on its workplace pension schemes - currently branded Scottish Life - until 2016.

Ros Altmann is to work with the Department for Work and Pensions (DWP) to champion older workers as the government moves to better support people aged over 50 in the labour market.

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At the end of the first PA debate, Yellowtail Financial Planning's managing director Dennis Hall emerged as the clear winner as 75% of you agree that retirees could not be trusted to make their own retirement planning decisions.

The Pensions Ombudsman has revealed it is investigating 84 complaints about pension liberation.

The National Employment Savings Trust (NEST) has conceded it has little chance of recovering most of the £1.4m it lost due to fraud in 2012/13.

The ten most common complaints investigated by the Pensions Ombudsman in 2013-2014 excluded queries relating to fees, fund switches and pension liberation, figures show.

As we enter the final day of The PA Debate 75% of you agree with Yellowtail's Dennis Hall that we cannot expect retirees to make informed financial decisions.