Five retirement stories you might have missed

Retirees could find it difficult to access regulated financial advice when considering defined benefit (DB) to defined contribution (DC) transfers, according to Punter Southall. The government has slashed the incremental increase to the state pension offered to workers who delay their retirement. The Pensions Advisory Service (TPAS) and the Money Advice Service (MAS) will struggle to cope with the scale and speed of meeting the guidance guarantee, industry figures say. Closed life consolidator Phoenix has comprehensively refinanced its debt to strengthen its balance sheet and bette...