Royal London blocked suspect transfer
Steve Webb comments on auto-enrolment contributions
Ex-pensions minister sounds stern warning
Royal London blocked £9k pension pot transfer
The chief executive of life and investments provider Royal London has renewed his criticism of proposals to tax income saved into pensions like an ISA.
Prudential has topped the Financial Conduct Authority's (FCA) list of the most complained about pension firms, as the number of grievances raised about retirement products jumps 20%.
A change in the way the government collects tax on pension savings will not make people save more way for their retirement, according to the latest consumer research.
Royal London has sold the client bank of its old direct to consumer (D2C) fund platform, Fundsdirect, to online direct investment firm Strawberry Invest.