Investment

In this week's quick fire poll we ask: Advisers are concerned that some pension providers are automatically placing drawdown investors (who used to withdraw the previous maximum of 100%) on 120% GAD. Should providers take this approach?

The government's U-turn of income drawdown transfer rules will be a ‘damp squib' warns Skandia.

Axa is reviewing the viability of maintaining its defined benefit (DB) scheme due to an increasing deficit and the additional costs associated with the end of contracting out.

Financial advisers are as likely to be reported to the Ombudsman by other financial businesses as claims management companies, it has been has revealed.

Academics have launched a consultation to establish the best way to model defined contribution schemes which could have "uncomfortable implications for plan members".

In this week's Retirement Planner quick fire poll we ask: Would you be happy to put residential property into a SIPP if the government changes investment rules?

Retirement Planner's round-up of the top pension stories this week.

Friends Life is forecasting a total cost of £280m for its business restructure and outsourcing programme, latest results show.

FIVE THINGS

Martin Wheatley, the managing director of the Financial Services Authority (FSA) and chief executive designate of the incoming Financial Conduct Authority (FCA), has outlined his plans to restore consumer trust in financial services.