Employers should do more to engage members with pensions and help them harness the full potential of their options to reach a good retirement outcome, according to research.
Follows focus group and consumer research
The government is to change the definition of financial advice for regulated firms - replacing, with effect from 3 January 2018, the two existing interpretations with a single one based on the Markets in Financial Instruments Directive (MiFID) definition...
Policymakers must do more to boost basic financial literacy so people can make good decisions and adequately plan for their retirement.
The government has rejected the accusation it gave advice to former workers at the UK Atomic Energy Agency when it was privatised two decades ago.
The government is to create a single guidance body for pensions, money and debt matters, which will replace The Pensions Advisory Service (TPAS), including Pension Wise, and the Money Advice Service (MAS), it has said.
This week's most read stories include TPR protecting members of a DB scheme accidentally converted to DC, and the FCA fining Aviva £8.2m for failing to protect client assets.
Cost and a lack of information are behind many retirees' decisions to shun advice when making retirement income choices.
Retirees are increasingly exposed to fraudsters since the pension freedoms were introduced due to the high cost of advice, according to the Trades Union Congress (TUC).
Pension schemes are underperforming and employees are concerned about where their money is invested, according to Portus Consulting.
The government should delay the introduction of LISA according to PP research.
The number of people accessing regulated advice to purchase annuity and drawdown products fell in 2015 according to this year’s Future Book.
Many trustees are wary about being seen to offer advice to members. John Stannard says they shouldn’t be.
This week we want to know if the government should delay bringing in the lifetime ISA, after concerns the industry might not be ready.
The government has opened its consultation on amending the UK definition of financial advice to give firms "the confidence to develop better and more tailored guidance services to help customers make informed financial decisions".
This week we want to know how likely it is trustees could be sued over charges and what impact the pensions advice allowance will have.
The Treasury is seeking views on whether to allow defined contribution (DC) members to access their pensions before retirement to pay for financial advice.
Members are increasingly looking to trustees for guidance on making the most of their pension pots but complex regulation is making it difficult. James Phillips looks at how far trustees can go in helping members
Actions to tackle the lack of data quality must be spearheaded by the industry, according to JLT Employee Benefits' Bala Viswanathan.
Last week's Queen's Speech contained a long awaited Pensions Bill to toughen up master trust regulation and plans to streamline the delivery of guidance. Helen Morrissey looks at whether these measures will adequately address problems within the market...
Over half (57%) of people are more likely to stay with a company that offers pensions related advice according to Wealth Wizards.
Mercer has launched the Mercer Jelf Financial Planning (MJFP) brand to bring together the Mercer and Jelf financial planning teams.
Women planning to retire this year are far more reliant on the state pension than their male counterparts according to Prudential research.
The Society of Pension Professionals (SPP) has elected Hugh Nolan as president effective from 1 June, succeeding Duncan Buchanan who is stepping down.