Providers have shown interest in plans to allow people to unwind their annuities, according to pensions minister Steve Webb.
Pensions minister Steve Webb has floated plans to allow providers to bulk transfer members from legacy schemes to more cost efficient models.
The new Pension Wise service is being tested ahead of launch to ensure it meets any potential demand surges, according to pensions minister Steve Webb.
Architas and technology firm BirthStar have launched seven retail funds that follow an age-based strategy more commonly associated with default auto-enrolment (AE) pension funds.
Citizens Advice has revealed the location of the first 44 centres that will deliver face to face guidance to retirees under the Pension Wise scheme.
A fifth of UK workers are facing a significant shortfall in their retirement incomes as a result of the 2008 economic crash, according to HSBC research.
Three things clients may call you about this week
Major shareholders, including Old Mutual's Richard Buxton have thrown their weight behind Aviva's £5.6bn takeover bid of Friends Life, saying the deal would strengthen both sides.