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.