The number of complaints upheld against networks and nationals by the Financial Ombudsman Service (FOS) have dropped in the last half year, figures show.
Phoenix Life attracted more than 400 complaints in the final six months of last year, according to latest data from the Financial Ombudsman Service (FOS).
Phoenix clients with low paying annuities can switch out for a cash lump sum under a recently launched pilot project.
Retirement Planner's round up of the top pension stories this week.
Closed-life consolidator Phoenix Group Holdings has confirmed it is in initial talks with Swiss Re's Admin Re Business Unit over a potential merger.
Phoenix Group has seen a 340% rise in requests to transfer pensions to suspected pension liberation companies in the past three months.
Retirement Planner's round up of the top pension stories this week.
An IFA is planning to raise with the Financial Services Authority (FSA) concerns he has that some closed fund companies are not treating customers fairly.
Friends Life has appointed former Phoenix Group boss Jonathan Moss as CEO of its heritage division.
Guardian Financial Services is to acquire 300,000 in-payment annuities from pension fund consolidator The Phoenix Group.