The Chancellor has told the House of Commons 60,000 savers have taken out a total of £1bn since April, when pensions freedom came into effect.
Advisers must take the lead in the 'decumulation revolution'
Here's to the next 25 years of pension saving
PA's handy guide to pension transfer rules
Ministers have given out mixed messages on when the government will intervene against providers failing to offer full pension flexibility.
Rupert Harrison,former chief of staff to Chancellor George Osborne, is to take up a new role at BlackRock to help develop its retirement proposition.
A quality kitemark for financial advisers could soon be back on the table as charity Fairlife prepares new proposals.
There has never been a better time to be in financial advice, but IFAs who fail to embrace technology will lose out to more tech-savvy firms who better serve pensions freedom clients, experts have said.
The vast majority of people do not defer taking their state pension, despite most being financially able to do so, losing out on as much as £19,000 extra retirement cash, according to research by Fidelity.