Up to 90,000 employers would be forced to review their defined contribution (DC) schemes if a charge cap was introduced, according to a government impact assessment.
Inheritance levels in the UK have hit £75bn
The compulsory use of an annuity broker at retirement could be written into the latest version of the Pensions Bill after Labour tabled an amendment to the legislation.
Hargreaves Lansdown's head of research Mark Dampier has sold a portion of his stake in the platform giant for more than £620,000.
Customers of D2C platform Hargreaves Lansdown are likely to get lower prices if they transact business online.
Hargreaves Lansdown's direct-to-investor proposition Vantage saw a net increase of 20,000 clients in the three months to October, as total assets across the fund seller rose to a record £39bn.
Hargreaves Lansdown is in position to be a £39bn beneficiary of the Retail Distribution Review (RDR), according to Barclays.
The regulator's looming thematic review into the self-invested personal pension (SIPP) market could force a number of smaller players out, making it a "more comfortable" situation for the regulator, according to John Moret.
City stockbrokers are considering lodging an official complaint after the government's decision to reject the majority of applications for Royal Mail shares cost them millions in lost commissions.