Here's a round-up of five key retirement and advice stories from the past week...
Labour Lord scolds ‘dysfunctional' annuity market A Labour peer has attacked the annuity market, claiming it "plays fast and loose" with the regulatory framework. Lord Bradley made the comments in a speech to the House of Lords on Tuesday. Pensions freedom ‘absolutely made' for cunning fraudsters - Phoenix Group Fraudsters targeting retirement pots through liberation or bogus transfers will take advantage of pensions freedom to target an even greater number of savers, Phoenix has warned. The closed life consolidator said it was concerned the current model employed by fraudste...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
