Hargreaves Lansdown

Pensions experts have spoken out in support of Lord Hutton's key proposals to reform public sector pensions.

Stephen Lansdown, co-founder of wealth manager Hargreaves Lansdown, today sold a near 3% stake in the business, raising some £58m.

Hargreaves Lansdown has added Sanjeev Shah's Fidelity Special Situations to its Wealth 150 list of recommended funds.

There are one million fewer pensioners living in poverty than there were in 2000, according to the latest figures from the ONS.

Savers are facing a rare conundrum about whether to lock into a lifetime annuity amid unprecedented economic uncertainty, Hargreaves Lansdown says.

The latest debate on annuities

Performance fees

In a lively debate the panel discuss the progress being made towards offering retirees the open market option when buying an annuity, as well as the different types of products now available.

Nervous advisers are recommending clients stick with their existing pension arrangements, even where there is good reason to transfer, because of the FSA's "heavy-handed" crackdown on pension switching.

Peter Hargreaves, the outgoing chief executive of Hargreaves Lansdown, believes smaller investors will struggle to get advice post-RDR.