News

In this week's quick fire poll we ask: The FSA has warned that pensioners spooked by annuity purchase could move into retirement products such as income drawdown, which are less suitable for their needs. Could this be the next mis-selling scandal?

Aviva has updated 250 of its occupational classes in order to offer income protection to people in a wider range of occupations.

Retirement Planner's round-up of the top pension stories this week.

The FSA has raised concerns that advisers are adopting a "one size-fits-all" approach to platforms and not adequately managing conflicts of interest.

The FSA has suggested it is likely to go ahead with a ban on fund manager rebates when it publishes a consultation paper at the end of the month.

Warren Page, the chief operating officer of Towergate Financial, has been promoted to chief executive, replacing Dan Saulter.

The FSA has fined the head of European credit sales at Credit Suisse £210,000 for improper market conduct and disclosing confidential client information.

The government has legislated to prevent a tax avoidance scheme involving the use of fake property businesses.

The Financial Services Authority (FSA) has identified consumers abandoning annuities as a cause for concern in this year's Retail Conduct Risk Outlook.

Connaught Asset Management has suspended redemptions from its Connaught Income Fund Series 1 after a review flagged the possibility that some of the fund's loans may be under-secured.