Neil MacGillivray discusses the future prospects for flexible drawdown
Pensions provider Royal London has posted a strong growth in sales through advisers following the Retail Distribution Review (RDR), with its platform new business sales up a record 39% on last year, the firm's interim results have revealed today.
One in seven workers has no idea when they will be able to retire, according to research from Barings Asset Management.
Consumers looking for the best annuity option will be able to compare rates from a range of providers from Wednesday.
A Liberal Democrat paper prepared for the party's conference will call for the lifetime allowance on tax free pension savings to be cut from £1.25m to £1m.
The Treasury is to launch an advertising campaign promoting the Equitable Life compensation scheme after a damning report said its performance had been "unacceptably poor".