Retirement

Fiona Murphy goes through the results of this month's Inquiry and asks advisers how the market has developed.

In this week's quick-fire poll we ask: Should consumers be able to switch annuities as pension minister Steve Webb has advocated?

Retirement Planner's round-up of the top pensions stories this week.

Equity Advice LLP has launched The Later Life Academy dedicated to supporting advisers in the at-retirement market.

A client who protested about commission being taken from his pension without his permission and without receiving ongoing advice in return has had his complaint rejected by the Financial Ombudsman Service (FOS).

Cardiff-based IFA Penguin Wealth has launched an online retirement planning advice service aimed at lower-net-worth consumers.

Charles Stanley Direct has cut its share dealing rate by 25% to £7.50 per trade for the whole of January, in a bid to encourage clients to annually rebalance their portfolios.

Prime Minister David Cameron has said the state pension will continue to rise by at least 2.5% a year until 2020 if the Conservatives win the next election.

Pensioners should be able to switch their annuity contract in a similar way to switching mortgages, Steve Webb has said.

The majority of employers are in favour of using auto-escalation schemes to increase contribution rates in defined contribution (DC) schemes, according to research from the Association of Consulting Actuaries (ACA).