Royal London is to heighten warnings it gives to pensions freedom retirees looking to encash their pots as hundreds of savers withdraw cash with the intention of keeping it in bank accounts.
Saving levels could fall significantly if the government implements a tax change to pensions which would see them treated like ISAs, the chief executive of provider Royal London has warned.
Former pensions minister Steve Webb has joined Royal London as director of policy and external communications.
Former pensions minister Steve Webb is on the verge of joining Royal London, a company which last year criticised his charge cap policy as "headline-grabbing", according to reports.
F&TRC has launched a ratings service to better assist advisers and employers navigate the workplace pensions market.
Royal London has reported a stark mix of success and disappointment in its first quarter results, with massive outflows from its investment business and soaring sales of its pension products.
Life, pensions and investment group Royal London is investigating the possibility of launching a 'new form' of with-profits product next year, as the number of traditional policyholders declines.
Countdown to 6 April: The line up in The Great Pension Reforms Race
George Osborne's pensions freedom package, due to come into force in April, is at risk of becoming an "infamous example of political bungling" unless advice concerns are addressed, Phil Loney has said.
Ascentric managing director Hugo Thorman is to leave the firm this summer following Royal London's buyout of the platform's minority shareholding in the business.