Employers and pension providers need to do more to raise awareness of the open market option (OMO), according to The Pensions Regulator (TPR).
LV= says IFAs should make themselves aware of the tax implications of guaranteed annuities, or their clients' tax planning precautions could be affected.
One in two advisers admits to not having a thorough knowledge of the annuities market, according to research.
The Personal Accounts Delivery Authority (PADA) spent £30.8m over the 12 months to the end of March.
One of the outcomes that the FSA is trying to achieve with the RDR is to have remuneration arrangements that allow competitive forces to work in favour of consumers.
Pension savers could be risking losses of up to £1,400 when they turn their pension pot into retirement income because of annuitisation delays, Virgin Money research suggests.
The Conservative Party has confirmed it will not scrap personal accounts should it win next year's general election.
The industry must not expect "instantaneous results" with regards to the implementation of personal accounts, pensions minister Angela Eagle warns.
The number of whistleblowers' breach of law reports rose to 532 in 2008/9 up from 513 the previous year, according to The Pensions Regulator(TPR).