George Osborne's call for radical thinking on pensions tax relief could solve the problem "once and for all" but there are huge policy issues to overcome, industry experts have said.
Provider Zurich is reviewing whether to allow legacy retail clients access to its flexible drawdown product on a non-advised basis, in an effort to streamline pension freedom.
Auto-enrolment savers are underfunding their pension pots due to a "false sense of security" that minimum contributions are good enough, Zurich's Alistair Wilson has warned.
Zurich UK Life has poached Cofunds key account manager Rose St Louis to head its new retail distribution team.
A "combination of politics and pensions" contributed to slower sales across platforms in the first three months of the year, with the year-on-year (YOY) asset growth rate also receding, according to research.
Advisers could be forced to collect and share client information on non-advised business with providers under new rules mooted by the Financial Conduct Authority (FCA).
Insurer Zurich is to pass its £1.2bn legacy annuities business covering 28,000 clients to specialist Rothesay Life.
Most people are unlikely to spend less of - or save more into - their pension as a direct result of the removal of the "punitive" 55% ‘death tax' earlier this month, according to research.
The role of platforms post-pensions freedom
Countdown to 6 April: The line up in The Great Pension Reforms Race