Retirement

Aegon product director Colin Bell dissects Steve Webb's switchable annuities plan

A panel of pension experts has been appointed to carry out the audit of high cost and legacy defined contribution (DC) workplace schemes, prompted by last year's Office of Fair Trading (OFT) investigation.

There is a growing disparity between the risk attitudes advisers believe clients need to take to grow their money and those of clients, according to the results of a recent YouGov poll commissioned by AXA Life Invest.

Fidelity FundsNetwork has scrapped the additional charges on its pension offering, leaving a standard 0.25% platform fee and a £45 investor fee.

The transition management industry does not warrant large-scale Financial Conduct Authority (FCA) intervention despite State Street being fined almost £23m for overcharging clients.

Labour has vowed to push through a pension charge cap and make using an annuity broker mandatory should it win the next general election.

New initiatives around funding long-term care will likely benefit only high-net worth consumers, while less wealthy people will still end up selling their homes to fund care, Zurich has suggested.

What SIPPs can learn from ISAs

The Pensions Regulator (TPR) has launched a defined contribution (DC) standard governance statement to help schemes demonstrate quality.

A quarter of the people scheduled to retire this year are not ready to stop working, while one in eight have already delayed their retirement, research suggests.