Providers who have cut drawdown charges in the run-up to April 6 to "grab market share" will revisit their decisions in the months to come, suggested LV=.
Delaying the tightening of pension transfer regulation until after the April pension freedoms could result in two months of confusion and poor decisions, it has been said.
Companies spend too much time on defined benefit (DB) schemes compared to defined contribution (DC) schemes according to Calor Gas financial director Adam Thompson.
Legal & General (L&G) has posted an operating profit growth of 10% for the last year following a strong performance of its retirement division.
Aon Hewitt has launched a defined contribution (DC) pension scheme which offers members access to financial tools that help them build their retirement savings.
HSBC Global Asset Management has introduced a range of cost-efficient retirement funds for the defined contribution (DC) pension marketplace.
The Financial Conduct Authority (FCA) is proposing changes to its rules that would require all pension transfer advice to be verified by a qualified specialist.
With the general election almost upon us we eagerly await news telling us what Cameron, Miliband et al want to do to our pension system should they be elected.
Conflicts of interest make it challenging for trustees to assess consultants
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.