Pensions

The Money Advice Service (MAS) should drop the word ‘advice' from its title as it is "confusing" for the public, according to a director at an advisory firm.

Danny Alexander, chief secretary to the Treasury, has hit back at claims the government is pushing through its wide-ranging pension reforms "in a big rush" ahead of next year's general election.

An adviser who stole more than £200,000 from a client's pension has now been ordered to pay it back, plus interest, as well as serve three years in prison.

The Treasury is to give savers more freedom over how they take a tax-free lump sum from their pension pot.

In this month's Retirement Planner Inquiry Helen Morrissey looks at auto-enrolment and whether it will push people towards financial advice.

The National Association of Pension Funds (NAPF) is in discussion with the Pensions Management Institute (PMI) on joining together.

The Institute of Directors (IoD) has made a plea to the next elected government to not make any more changes to pension legislation or even appoint a pensions minister.

The Department for Work and Pensions (DWP) has opened a consultation on abolishing the restrictions on the National Employment Savings Trust (NEST).

National IFA LEBC has attacked the Liberal Democrats' leader Nick Clegg's recently outlined future tax proposals, saying they amount to an "anti-savings agenda".

Scottish Widows has launched a website dedicated to helping people understand their retirement options post-April 2015 in light of the Budget changes.