Asda and Lifesearch have entered into a partnership to offer life and protection products to consumers through a phone and online service from 29 January.
Standard Life has announced it is withdrawing its pension term assurance policy as of today, following strong hints by the Treasury it will withdraw the right to use the product.
A quarter of advisers will only use pension term assurance for higher rate taxpayers, according to research from Standard Life.
Winterthur Life is calling on the government to drop its opposition to Alternatively Secured Pensions, which it calls a ‘ludicrous state of affairs'.
Hargreaves Lansdown is launching a major campaign to try and keep Alternatively Secured Pensions open to all consumers.
Industry bodies have welcomed the Treasury's decision to allow a wider net of firms to offer pension tax-wrapper products to consumers from 2007, but it is predicted consumers are still more likely to hold pensions through brand-name life companies.
Close to four in ten current Sipp investors would look to use their Sipp for property purchase, following new pension rules post A-Day, research indicates.
A pensions expert says it is too late to backtrack on pensions simplification, with the wheels already in motion towards 6 April 2006.
Hargreaves Lansdown-developed FundsLibrary has been adopted by FundsNetwork, which today announces free access to the reports and accounts of most of the 900-odd funds on its platform.