Pensions minister Steve Webb has called on the Association of British Insurers (ABI) to conduct its audit of high-charging legacy schemes "far faster".
The Office of Fair Trading's (OFT) report into the workplace defined contribution (DC) savings market highlighted some stark concerns over charges.
Rachel Dalton looks at the ABI's annuity rate window
Financial Conduct Authority (FCA) chairman John Griffith-Jones has warned insurers to learn the lessons of the banking crisis and work harder to regain consumers' trust.
The asset management industry must regain consumers' trust and boost pension saving or risk a financial crisis even worse than the 2008 crash, the Investment Management Association (IMA) says.
Consumers' knowledge of annuity options is good but there is "plenty of room for improvement" following the launch of the Association of British Insurers' (ABI) annuity code, the organisation says.
The mandatory code of conduct on retirement choices for all Association of British Insurers (ABI) members, set to be enforced from 1 March, must go further to better help consumers, annuity campaigners have said.
Assessing plans allowing parents to access their lump-sum early to guarantee children's mortgages
Jack Jones examines an underwhelmed industry's response to the DWP’s plans on small pots.