Royal London

Former pensions minister Steve Webb believes the money put into Pension wise would have been better spent giving retirees vouchers for financial advice.

Prudential has topped the Financial Conduct Authority's (FCA) list of the most complained about pension firms, as the number of grievances raised about retirement products jumps 20%.

Pension transfer requests out of defined benefit (DB) schemes doubled after the relaxation of defined contribution (DC) retirement processes, according to one provider.

Royal London has urged the Financial Conduct Authority (FCA) to increase awareness of the tax implications of cashing out a pension pot at retirement.

Royal London experienced growth of 61% in its drawdown business during the first half of the year amid demand created by the pension freedoms unleashed in April.

Former pensions minister Steve Webb has joined Royal London as director of policy and external communications.

Former pensions minister Steve Webb is on the verge of joining Royal London, a company which last year criticised his charge cap policy as "headline-grabbing", according to reports.

David Gulland and Peter Dorward have been appointed to Royal London's Independent Governance Committee (IGC).

Philip Green has been appointed chairman of Royal London's independent governance committee (IGC).

George Osborne's pensions freedom package, due to come into force in April, is at risk of becoming an "infamous example of political bungling" unless advice concerns are addressed, Phil Loney has said.