Tax relief is "the lowest hanging fruit in Whitehall" and politicians were prepared to slash current levels to save the Treasury millions of pounds, according to a think tank.
Standard Life is investigating placing a ban on adviser charging in connection with workplace pensions following discussion with the Financial Conduct Authority (FCA).
Standard Life is investigating placing a ban on adviser charging in connection with workplace pensions following discussion with the Financial Conduct Authority (FCA).
Standard Life has put contingency plans in place to relocate its operations should Scotland vote for independence.
Retirees could be given the chance to switch annuity providers during a one-year ‘cooling off period' after agreeing a contract, pensions minister Steve Webb says.
Labour has vowed to push through a pension charge cap and make using an annuity broker mandatory should it win the next general election.
National IFA Lighthouse Group is set to launch a pension trust set up for multiple employers as it steps into the auto-enrolment market.
Pensions minster Steve Webb has reiterated his commitment to implementing a cap on pension charges, saying "nothing has changed" as a result of responses to the official consultation.
Pensioners should be able to switch their annuity contract in a similar way to switching mortgages, Steve Webb has said.
Four men have been banned from working in financial services over their ‘disgraceful' behaviour in relation to occupational pensions which saw them net £4m in unnecessary commission.