Providing a pension scheme without additional support and financial education is "becoming insufficient", Scottish Widows warns.
Pension transfer requests out of defined benefit (DB) schemes doubled after the relaxation of defined contribution (DC) retirement processes, according to one provider.
Former Standard Life head of workplace proposition Ann Flynn has joined Towers Watson as a senior consultant.
Consumer group Which? wants the Financial Conduct Authority (FCA) to take action to simplify drawdown charges to make pensions freedom and choice retirement income options easier to understand.
The biggest stories on PP this week involved a threat to salary sacrifice from the Chancellor, pension scam firms in court and retirement savings hitting a record high. Here's what you might have missed.
More people than ever are saving for retirement with 56% of the population now putting ‘adequate' amounts aside each month, Scottish Widows research has found.
Early research suggests people want to make the most of their pension freedoms but are providers allowing them to?
The proportion of people looking to take their pensions as cash has declined by almost a third over the weeks since the launch of the freedom reforms, according to research.
The Pensions Ombudsman (PO) has dismissed complaints against Legal and General (L&G) and Scottish Widows after they granted transfer requests worth over £50,000 to a suspicious pension scheme.
Babloo Ramamurthy has been appointed chairman of Scottish Widows' Independent Governance Committee (IGC).