In this week's Retirement Planner quick fire poll we ask: NAPF has proposed the government create a nationalised annuity brokerage system to ensure retirees use the OMO. Do you think government intervention would be a good thing?
Royal Bank of Scotland (RBS) has been ordered by the Isle of Man regulator to pay compensation to the family of a man following a mis-selling investigation.
Retirement Planner's round-up of the top pension stories this week.
Pensions minister Steve Webb has revealed the government will consult this year on how to create a "third option" for pensions beyond defined benefit (DB) and defined contribution (DC) structures.
IFAs have welcomed Scottish Widows' plan to re-enter the IFA annuity market as a move they said will boost competition in the sector.
The way annuities are sold is costing hundreds of thousands of retirees as much as £1bn in future pension income, a report by the National Association of Pension Funds (NAPF) claims.
In this week's Retirement Planner quick fire poll we ask: Do you think employers are interested in using low cost pensions such as NEST as part of their pension provision post auto-enrolment?
Retirement Planner's round-up of the week's top pension stories.
Questions have been raised over pension provider Rockingham Group Plc, after a first strike-off notice from Companies House was posted in January.
Fixed term annuity (FTA) provider Living Time will relaunch as Primetime Retirement in Q1 this year.