Pension provider Scottish Widows has been told it cannot reclaim almost £100,000 it mistakenly paid to a divorcee three years ago.
Scottish Life is asking IFAs to consider whether to ‘strike now or later' on annuity advice.
The move to ban consultancy charging is "less dramatic than it sounds" as most of the charges that can end up with the employer's adviser remain unaffected, according to a consultant.
Suffolk Life has acquired the self-invested personal pension (SIPP) business from Yorkshire-based wealth management business Pearson Jones.
A City of London call centre at the heart of a pension liberation operation has been raided by police and several people have been arrested.
Providers should "show solidarity with advisers" rather than offer non-advised companies cheap deals on annuities, according to one Cheshire-based annuities specialist.
IFAonline.co.uk was last night named Financial B2B Website of the Year at the prestigious Headlinemoney awards.