Platform sales reached a new record in the second quarter, according to a Fundscape report which pointed to Budget reforms as a key driver of the surge in interest.
Transact has appointed Goldman Sachs to broker a full sale of the business, with senior staff open to an exit if a takeover is agreed, Professional Adviser's sister title Investment Week understands.
The government has slashed the incremental increase to the state pension offered to workers who delay their retirement.
Miton Group UK equity income manager Bill Mott is to retire from fund management at the end of the year.
The pensions industry must work together to establish an efficient and consistent transfer method or risk having a poorer version inflicted upon it by the regulator, Tom McPhail has said.
The government's latest Pensions Bill will be laid before parliament today but the timing for the introduction of defined ambition (DA) pensions couldn't be worse, Tom McPhail has said.
Adrian Lowcock has left Hargreaves Lansdown after just 18 months at the D2C platform giant.
D2C Platforms attempting to undercut Hargreaves Lansdown via lower fees have not made "significant enough" reductions to lure clients away, analysts at Barclays have said.
A radical pooled pension proposal could prevent retiring workers using their funds as they please.
Chancellor George Osborne is in danger of emulating Robert Maxwell "as a destroyer of pension savings" with plans for a retirement 'guidance guarantee', Tom McPhail has warned.