The Financial Services Compensation Scheme has slapped a £20m interim levy on life and pensions intermediaries as it deals with "bad" self-invested personal pension (SIPP) advice.
The government should look into the glaring inequality in the tax system that favours defined benefit (DB) pension schemes over defined contribution (DC), Alan Higham has said.
Chancellor George Osborne will further relax pension rules in his Budget on Wednesday to allow the sale of annuity contracts.
Increased consumer choice under pensions freedom coupled with greater potential fraud risk has increased the argument for a single pensions regulator, MPs have said.
A drawdown charge cap should be placed on sales to provider's existing customers to ensure people are not sold inappropriate products after pensions freedom comes into effect, Which? has said.
The UK will become a pensions transfer ‘haven' for European Union citizens once freedom and choice comes into effect, a top pensions lawyer has said.
Clients looking to transfer out of defined benefit (DB) pension schemes could struggle to find willing advisers and providers to facilitate the shift, leaving them at greater risk of falling victim to fraudsters, Neil MacGillivray has warned.
The Budget reform package coupled with generation Y's complete disengagement from traditional retirement saving has effectively killed pensions in their current form, according to Michael Johnson.
Just Retirement is to launch a set of products aimed at Middle Britain retirees offering ‘mix and match' options for retirement income.
Hargreaves Lansdown has unveiled a low-cost drawdown plan, charging no set-up or income withdrawal fees, ahead of the 6 April pensions reforms.
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.
A Labour peer has attacked the annuity market, claiming it "plays fast and loose" with the regulatory framework.
The Pension Regulator's (TPR) ‘second line of defence' for retirees will be extended to cover trust-based pension scheme members as well those in contract-based arrangements, peers have heard.
The brand name for the guidance guarantee has been unveiled as ‘Pension wise - your money your choice'.
The Financial Conduct Authority (FCA) must establish a ‘second line of defence' for retirees ahead of pension freedom or the industry faces another major mis-selling scandal, according to MPs.
Prudential has launched a flexible drawdown option to its range of retirement products ahead of pension freedoms which come into force in April next year.
Pension providers should ensure all retirees use the open market to buy an annuity at the point of decumulation to ensure they get the most out of their savings, Just Retirement has said.
The Financial Conduct Authority (FCA) plans to cut the adviser guidance guarantee levy by 50% and announces tougher rules on bodies delivering guidance.
HM Revenue & Customs (HMRC) has clarified its position on why certain retirees using standalone lump sums trigger a reduced annual allowance.
Aviva has proposed to buy rival insurer Friends Life in a deal worth £5.6bn which will see the companies merge.
Labour has urged the government to ensure none of the 320,000 savers expected to take advantage of pension freedoms are exposed to "rip off charges".
About 5,000 small and micro businesses will look to IFAs for auto-enrolment support as they hit their staging dates, according to National Employment Savings Trust (NEST) research.
Demand for drawdown is likely to increase by a factor of five when retirement freedoms kick-in, causing a market ‘capacity crunch', Standard Life has warned.
Demand for annuities climbed 10.5% in September despite tumbling rates, analysis from IRESS has found.
Legal & General (L&G) has reported record bulk annuity numbers which it said had "more than offset" a 61% drop in sales of traditional annuity policies since the Budget reforms were announced.
A ‘yes' vote in the Scottish referendum could see Standard Life move its pensions, investment and other long-term savings operations out of the country.
Legal & General (L&G), the country's biggest pension fund manager, has confirmed the end of its Association of British Insurers (ABI) membership.
Annuity margins at insurer Standard Life were down 59% in the first half of the year due to the sweeping changes to retirement income announced in the Budget, latest results show.
Life and pensions underlying profits at Lloyds Banking Group were down 18% to £461m in the first half of the year, latest results show.
Annuity sales have dropped 43.8% year on year as retirees wait for pension freedoms to begin in April 2015, according to latest research.
Online register idea touted as ‘win-win’
Three quarters of advisers say clients are considering blended pension solutions as a result of the Budget retirement income reforms, according to a poll from LV=.
The pensions industry must work together to establish an efficient and consistent transfer method or risk having a poorer version inflicted upon it by the regulator, Tom McPhail has said.
The majority of people approaching retirement want to get their guaranteed guidance from financial advisers or established consumer organisations not pension providers, research shows.
Annuity provider Partnership is to cut 100 roles as part of a multi-million pound cost saving drive sparked by the Budget changes.
Regulation should be changed to allow a ‘national wealth service' to be established to distribute independent retirement advice more widely, according to Ros Altmann.
The number of savers putting enough money into their pension to secure an adequate retirement is at its highest level since 2009 at 53%, according to Scottish Widows research.
Higher rate taxpayers who do not pay into a pension scheme are missing out on a collective £225m in tax relief every year, according to data from Prudential.
The government must make an "urgent decision" on the specifics of the guidance guarantee to ensure the April 2015 deadline is met, Friends Life has said.
Aviva will stop paying initial commission to advisers on company pension scheme business from the end of this year.
The vast majority of older workers would be better off if they remained enrolled in their workplace pension scheme, according to analysis.
A "radical rethink" is underway in the annuity market following the sweeping Budget changes but concerns over fund depletion remain, according to Equinity Paymaster.
The promise of guidance at retirement "does not go far enough" and a new form of retirement-focused advice must be created by the regulator, according to Royal London.
Royal London new life and pensions business was up 18% to £989m in the first quarter of the year, with group pensions benefitting significantly from auto-enrolment.
DeVere Group has launched a dedicated workplace advice division which will provide whole of market advice to current and former employees of larger businesses.
deVere Group has launched a dedicated workplace advice division which will provide whole of market advice to current and former employees of larger businesses.
Many trust-based DC pension schemes already offer more than the ‘guidance guarantee' to their members and are worried about being forced to ‘dumb down' standards, according to the National Association of Pension Funds (NAPF).
Steve Webb would be "nervous" about providers playing a part in the Chancellor's guidance at retirement pledge.