Retirement Planner's round-up of the top pensions stories this week.
Pensioners should be able to switch their annuity contract in a similar way to switching mortgages, Steve Webb has said.
Fiona Murphy looks at AJ Bell's recent wish-list for pension reform, including calls to scrap flexible drawdown, and asks other industry players for their views.
Retirement Planner's round-up of the top pension stories this week.
People will have to build up at least ten years of National Insurance payments or equivalent credits to be eligible for the single-tier state pension.
Steve Webb's move to ban commission and active member discounts is a ‘seismic' shift for providers and will drive a completely new business model for advisers, Aviva has said.
Pensions minister Steve Webb has called on the Association of British Insurers (ABI) to conduct its audit of high-charging legacy schemes to "far faster".
Pensions minister Steve Webb says the upcoming consultation on defined ambition will not set out prescriptive single-model options for enhanced defined benefit (DB) and defined contribution (DC) provision.
Pension savers in defined contribution (DC) schemes could see their pots increase by a third if the government moved to introduce collective DC schemes, according to a report.
The government's move to cap pension charges ignores annuity contract 'cowboys' who are ripping off retirees, the Telegraph claims.