Using "unrealistically low projection rates" will deter people from saving and make it harder for consumers to decide between different funds, Aegon has warned.
Enhanced annuity sales exceeded a billion pounds in the second quarter of the year, according to research by Towers Watson.
Cofunds has revealed more about its new pricing model set to launch before the Retail Distribution Review (RDR).
The Financial Services Authority (FSA) has issued a new guide to consumers on the Retail Distribution Review (RDR), emphasising that financial advice has never been free.
Labour front benchers have urged the government to work with the opposition, business and trade unions to protect British interests from planned European regulation of the pensions and insurance industries.
Alan Dick has been named as the next Institute of Financial Planning (IFP) vice president.
Axa Wealth's Family Suntrust has hit £500m in new premiums following the registration of its 600th scheme.
Citigroup is to pay out $590m to shareholders in one of the biggest settlements connected to the global financial crisis, after it was accused of hiding its subprime exposure during the 2008 crash.
Barclays has appointed Antony Jenkins, its former head of retail and business banking, as its new boss.
Fraudsters based in Belgium have used the Financial Services Authority (FSA) register details of a St James's Place partner to dupe consumers.