Pension firms offer consumers the necessary information to access pension freedoms without financial advice but many people premeditate their choices and do not always read the guidance, the Financial Conduct Authority (FCA) has said.
In the summary of its non-advised drawdown pension sales review the regulator said firms were providing the necessary information to customers in a clear and not misleading way through a number of different...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.