Former Winterthur CEO, Clifton Melvin, has launched a new white-label SIPP for advisers, designed to utilise the full power of the Internet.
The Personal Accounts scheme is a "scandal waiting to happen" and places the pensions industry at risk of giving bad advice, Trevor Matthews says.
Six weeks from now will be a time for bonfires and sparklers, but it will also mark the end of the DWP's ‘blink and you miss out' consultation period on its latest set of regulations to implement the 2008 pensions act.
Reforms introducing auto-enrolment, employer duties and personal accounts will be staged in over a three year period from 2012, the department for work and pensions (DWP) says.
AXA Wealth is closing five of its products to new business as it seeks to focus on The One from Winterthur (TOFW) and Elevate.
During 2008 the FSA visited 30 firms, reviewing 500 cases representing 10% of all switches since A-Day in 2006.
Investors are bringing retirement plans forward and buying annuities now to take advantage of the recent rally in equity markets, according to Hargreaves Lansdown.
The Conservatives will restore the link between earnings and the level of the basic state pension should they win next year's general elections, David Cameron says.