Fraudsters don't stick to just one scam
People complained about products and advice
Annuity mis-selling investigation highlights value of advice
The Financial Conduct Authority (FCA) has said it is concerned providers' projections of what pension savers can expect to receive in retirement if they buy certain products are too high, and it wants to standardise the process.
Non-advised annuity sales could be subject to a commission cap or an outright ban under plans being considered by the Financial Conduct Authority (FCA).
Partnership is to launch a self-invested personal pension (SIPP) account which houses both annuity and drawdown options.
Where next for retirement income post-pensions freedom?
...clients will call you about this week
Savers have withdrawn £2.5bn from their pensions - mostly in cash lump sums - since the government's wide-ranging retirement reforms in April, latest figures show.