The government's guidance guarantee will result in more people seeking regulated financial advice on decumulation, with the majority of advisers stating pension pot size will not make a difference, according to research.
Support services provider Simplybiz has seen a 10% increase in profits in the first year post-Retail Distribution Review (RDR) while 2% of its members have left the industry.
Revenue at wealth manager and employee benefits business Mattioli Woods grew by a quarter in the past 12 months, latest figures show.
Self-invested personal pension provider Barnett Waddingham has launched a ‘Flexible SIPP' to meet what it said was demand from advisers.
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Sign of quality: Why retirement planning needs a kite mark
The government's latest Pensions Bill will be laid before parliament today but the timing for the introduction of defined ambition (DA) pensions couldn't be worse, Tom McPhail has said.
The majority of people approaching retirement want to get their ‘guaranteed guidance' from financial advisers or established consumer organisations not pension providers, research shows.
In this week's quick fire poll we ask: Is £17,500 a year enough for a 'comfortable' retirement?