Mandatory advice on pension freedom cases with guaranteed annuity rates worth more than £30,000 should be scrapped and replaced with a ‘customer control' mechanism delivered through the Pension Wise service, the Association of British Insurers (ABI) has...
The Association of British Insurers (ABI) has hit back at proposals that providers would be "named and shamed" for not offering the full range of pension freedoms.
The National Association of Pension Funds (NAPF) has teamed up with insurers, unions and small businesses to urge the next government to set up an independent pensions commission.
Advisers are warning the message on pension reforms has been misunderstood after experiencing a surge in interest from people looking to cash in their annuities.
Helen Morrissey asks whether the conversations she overhears on the train bode well
Trustees have been warned of the complexity surrounding additional information disclosure regulations drawn up for the freedom and choice reforms.
The insurance industry was bombarded by almost 230,000 calls from consumers in the days after the ‘freedom and choice' reforms took effect, the latest figures show.
The Pension Schemes Bill has received Royal Assent to become official legislation ahead of freedom and choice taking effect from 6 April.
Labour’s plan to cut the annual and lifetime pensions allowances has been criticised by the industry, finds Natasha Browne
The Association of British Insurers (ABI) is set to criticise the government for failing to ensure the necessary processes are in place for the beginning of pension freedoms from 6 April.