Retirement

The Personal Finance Society (PFS) was investigating establishing a National Retirement Advice Service before the Chancellor's Budget promise and believes an advice voucher system could be set up funded by redistributing regulatory fines.

What the changes to drawdown mean for your clients

The Pensions Advisory Service (TPAS) is considering the launch of video and Skype services to meet public demand for the government's financial ‘guidance guarantee'.

Royal London Group chief executive Phil Loney has called on the industry and regulator to come up with a "new form of advice" to service those at point of retirement and meet the challenge set by the Chancellor.

Pensioners will be able to top up their state pension by up to £25 a week from next year under government plans published today.

Aegon's decision to introduce price caps on the Retirement Choices wrap and the One Retirement SIPP is "potentially game changing", according to platform consultancy the lang cat.

Pricing caps on assets under management in the advised platform market will be industry standard within the next ten years, according to Aegon investment director Nick Dixon.

Treasury select committee chairman Andrew Tyrie has criticised the regulator's review of the annuities market, saying it was headline grabbing and had "taken us very little further forward" in terms of giving insight into the problems of the market.

Aegon is to simplify the charging structures for the One Retirement SIPP and the Aegon Retirement Choices (ARC) wrap, benefiting clients with larger asset pots.

Prudential chief executive Tidjane Thiam received £8.7m in pay and perks last year, amid accusations that the life and pensions sector fails to treat customers fairly.