Phoenix Life has backed down from demanding a saver get financial advice before it would release his £13,300 pension pot.
Former pensions minister Steve Webb has joined Royal London as director of policy and external communications.
NEST's fresh approach to the retirement 'glidepath'
A BlackRock defined contribution (DC) saver has used pensions freedom to cash in a £300,000 pot despite warnings he would be hit by the 45% additional tax rate.
Our weekly heads-up on the stories that may have caught your clients' attention over the weekend...
Fraudsters targeting pension pots in the wake of freedom and choice reforms are increasingly linking their efforts to investment scams such as fine wines and overseas property, Citizens Advice has warned.
Clients insisting on going against their adviser's recommendations should be asked to put their instructions in writing to show they are aware of the risks, a compliance officer at support services provider SimplyBiz has suggested.
Guaranteed retirement income is more than a pay cheque
In the wake of the pension freedoms, do advice firms need a centralised retirement proposition and, if so, how might that differ from an investment proposition? Come along to the 2015 FE Investment Summit next month to find out...