Pension

Thousands of savers face being hit with fines from the taxman for using their pension like a cash machine for the first time.

Baring Asset Management has rebranded its multi-asset Portfolio fund as the more flexible Dynamic Capital Growth fund in a bid to make it more attractive to pension savers.

The government's free impartial at-retirement guidance is aimed at middle Britain, not high or low net worth individuals, pensions minister Steve Webb has told MPs.

Helen Morrissey talks to a panel of experts about the factors that prevent self-employed people from accessing financial advice

Steve Webb’s vision for pension reform

The Financial Ombudsman Service (FOS) has ordered an equity release provider to repay a client the cost of a lifetime mortgage after it found the client had received bad advice.

The retirement guidance guarantee will not be delivered by the Money Advice Service (MAS), the Treasury has said, in a reversal of the government's previous announcement.

An adviser who stole more than £200,000 from a client's pension has now been ordered to pay it back, plus interest, as well as serve three years in prison.

The Treasury is to give savers more freedom over how they take a tax-free lump sum from their pension pot.

In this week's RP quick fire poll we ask if the abolition of the 55% pension death tax is a further nail in the coffin of the annuity market.