Budget 2014

Should providers be the second line of defence for non-advised retirees?

How can we provide more access to income drawdown?

This year has been a massive game changer in retirement planning. George Osborne's Budget unlocked a whole raft of flexibility that will affect how people view their retirement savings.

Negative headlines about annuity sales next April could lead to a "tragedy" of retirees refusing to buy them, according to The Pensions Advisory Service (TPAS) CEO Michelle Cracknell.

What support do advisers need on Budget changes

Dafties will be dafties, but we must trust retirees

Labour has urged the government to ensure none of the 320,000 savers expected to take advantage of pension freedoms are exposed to "rip off charges".

Financial advisers are expected to benefit from the new regime which allows transfers between defined benefit (DB) and defined contribution (DC) schemes to the tune of £3.39m per year.

Prudential has said a pick-up in bond sales helped negate a near 50% reduction in annuities new business in the first nine months of the year.

New wave: Advising consumer savvy retirees in the new pensions world