The 2% floor in gilt rates, set by HM Revenue & Customs in 2011, should be lifted to 3% or 4% to ease financial pressure on pensioners in drawdown, a provider has said.
Pensions minister Steve Webb has announced a clampdown on unfair pension fees which have 'torn the heart' out of savers' retirement funds.
The government response to a European Court of Justice Ruling outlawing gender-based pricing of annuities has made it more likely that a test case will be brought, a lawyer has said.
The majority of pension providers and managers are failing to inform savers about 'hidden charges' which typically wipe £100,000 off pension savings, a think tank has said.
Workers risk missing out on essential financial advice if Steve Webb's small pot pension plan goes ahead, Aegon has warned.
In this week's Retirement Planner quick fire poll we ask: Consumer groups have voiced concerns about DWP's small pot plan. Is a pot-follows-worker approach the best way forward?
Retirement Planner's round-up of the top pension stories this week.
We are seeing an increasing number of employers employing annuity brokerage services to help staff make appropriate retirement income decisions. However, delays in data transfer are causing problems. Helen Morrissey looks at why these delays are occurring...
Consumer groups are "extremely concerned" about the government's decision to pursue a pot-follows-worker approach to pension consolidation.
Labour's latest policy document on pension charges is "hugely misleading" and ill-timed ahead of the launch of auto-enrolment, according to the Association of British Insurers (ABI).