The regulator is to investigate claims that some retirees who use pensions freedom to access their savings will be hit with ‘rip-off' charges, according to the Daily Telegraph.
Annuitants drawing an income from small retirement funds are most likely to sell their contracts, among those in favour of proposals permitting them to do so, according to research.
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Dentons Holdings group, which includes Dentons Pensions Management, has launched a legal arm specialising in property and conveyancing.
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The continued cut to the amount people can save in their pension pots before a tax charge applies could incentivise people to invest in higher risk products, an adviser has said.
The Financial Service Compensation Scheme has slapped a £20m interim levy on life and pensions intermediaries as it deals with "bad" self-invested personal pension (SIPP) advice.