Hargreaves Lansdown

Providers must consider having a default option for retirees entering decumulation, according to speakers at a National Association of Pension Funds (NAPF) seminar.

Assets in Hargreaves Lansdown's multi-manager range have moved closer to the £5bn mark after the company raised £162m for its HL Multi-Manager UK Growth fund, which launched on 23 January.

Steve Webb's pot follows member policy will initially be rolled out on an opt-in basis and be limited to a selection of pension schemes, the minister has said.

More than half of the 3.5 million people retiring between 2016 and 2020 will not qualify for the full new state pension, research has shown.

Steve Webb's plan to extend pension freedoms to all retirees, creating a market for annuity resales, is well-meaning but unlikely to work in practice, Fidelity retirement director Alan Higham has said.

Fundamental problems with the shopping around system for annuities must be addressed before pension freedoms being in April, experts have said.

Hargreaves Lansdown chief financial officer Tracey Taylor has stepped down from her role and will leave the business next year.

Platforms saw the rate of assets under administration (AUA) growth jump by almost a fifth in the third quarter of 2014, according to research from Fundscape.

Nick Train has been aggressively topping up his holding in Hargreaves Lansdown shares, arguing fears over margin pressures at the platform are unfounded.

Up to 200,000 people will cash in their pension next year, netting the Treasury an additional £1.6bn in tax, according to research from Hargreaves Lansdown.