The danger of consumers falling into non-regulated financial advice is increasing and the government must act to increase protection for pensions freedom savers, the Personal Finance Society has said.
Two-thirds of defined contribution (DC) pension schemes are offering members the chance to access the freedom and choice reforms launched last month, according to research.
Companies should help employees calculate how much money they should take out in drawdown so their pot can last longer according to Adrian Boulding.
PP examines what master trusts could offer the industry to help deliver flexibilities
New pensions minister Ros Altmann has said she is hopeful existing annuitants will get the opportunity to sell their right to an income for a lump sum
The advantages of defined benefit (DB) pensions appear lost on some final salary savers who are frustrated by a government rule mandating they seek regulated advice before transferring out, research suggests.
The Pensions Management Institute (PMI) has launched its latest qualification, a certificate in defined contribution (DC) governance.
Eastenders' June Brown recently admitted she had to keep on working after the financial crisis slashed her pension income. As many people in a similar situation face working well into their retirement years Helen Morrissey says we need to learn some hard lessons.
Only 1% of people have chosen to cash in their pensions completely since the freedom and choice reforms took effect last month, according to the country's biggest retirement adviser.
PP looks at what UK schemes should expect from EU stress tests