RETIREMENT incomes could be sliced in half if advisers recommending drawdown fail to ensure clients of all the associated risks, warns Rowanmoor Pensions.
Despite warnings by the Financial Services Authority – which censured GD Tancred Financial Services for not clearly explaining the risks – that income withdrawal is a high-risk venture, a growing number...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.