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...
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