Budget 2014

The number of people transferring out of defined benefit (DB) pension schemes each month has doubled over the last year, according to figures from Xafinity.

How one advisory firm handled a client's request to release cash to help fund a personal project...

Some providers that insist regulated advice be taken by customers seeking to transfer out of their pensions are unsure why they require it, research suggests.

Savers have withdrawn £2.5bn from their pensions - mostly in cash lump sums - since the government's wide-ranging retirement reforms in April, latest figures show.

Pensions freedom retirees want best of both worlds

Closed book consolidator Phoenix Group has appointed a new chairman to succeed former Financial Services Authority chairman Sir Howard Davies.

Investec Structured Products has launched a deposit plan for retirees it says offers an alternative to traditional annuities.

Saving levels could fall significantly if the government implements a tax change to pensions which would see them treated like ISAs, the chief executive of provider Royal London has warned.

Our weekly heads-up on the stories that may have caught your clients' attention over the weekend...

Complaints about annuities are continuing to rise more than a year after the Chancellor announced a reform of the retirement income market, according to the latest figures from the Financial Ombudsman Service (FOS).