All defined benefit (DB) pension transfers after 6 April will be regulated by the Financial Conduct Authority (FCA) to ensure mandatory advice has been taken and fully understood.
Consumer champion Which? was one of just two organisations told about the pension reforms before last year's Budget, the organisation's executive director has said.
Legal & General (L&G) has posted an operating profit growth of 10% for the last year following a strong performance of its retirement division.
Advisers should shy away from clients eager to cash in their pension pots and bear in mind annuities are "still key to the advice process" for pots worth £30,000 to £100,000, said 2plan chief executive Chris Smallwood.
Profits at Partnership Assurance dropped 51% to £64m in 2014 due to falling individual annuity sales in the wake of the Budget reforms, latest results show.
LV= has launched an online retirement modelling tool to help advisers select, explain and administer a blend of retirement options.
...clients will call you about this week
The Financial Conduct Authority (FCA) and Department for Work and Pensions (DWP) have issued a call for evidence on which costs should be included in annual charge disclosures on workplace pension schemes, as part of a project to allay savers' fears about...
Legal & General's pensions strategy director Adrian Boulding is to leave the provider this summer.
Labour will cap the pensions lifetime allowance at £1m and restrict the annual allowance to £30,000 to help fund a £2.7m reduction in tuition fees if elected, it has announced.