Complaints about annuities are continuing to rise more than a year after the Chancellor announced a reform of the retirement income market, according to the latest figures from the Financial Ombudsman Service (FOS).
Consumer group Which? wants the Financial Conduct Authority (FCA) to take action to simplify drawdown charges to make pensions freedom and choice retirement income options easier to understand.
The Pensions Regulator (TPR) has upgraded its scorpion campaign in a bid to protect people from pension scams.
The pensions industry is overpopulated with acronyms and many in the sector would be relieved if there were fewer of them. But IGC - the independent governance committee - are three letters that cannot be ignored.
PP finds more must be done to help member-nominated trustees be better governors
Flipping tax relief would undermine the pension system, not reinforce it
The pensions industry recognises the need for change, but thinks the summer Budget spells trouble and ‘ISA pensions' would mean lower retirement incomes, according to PP research.
Treasury ministers are said to be very interested in the potential of workplace ISAs replacing pensions. Jonathan Stapleton asks whether employees would want to use them.
HM Treasury is 'very interested' in the potential of a workplace ISA to replace pensions.
Is the green paper a waste of time?