Four out of five cash lump sums paid out to under 65s
Six in ten people criticised the observation from the Financial Conduct Authority (FCA) that people with more money in their pots would fall victim to pension liberation more often.
Aegon has said it will leave life company trade body the Association of British Insurers (ABI) at the end of the year, and instead lobby the government and regulators directly.
Savers have invested more in regular income products than just taking cash since the April pension freedoms, according to the Association of British Insurers (ABI).
Growing numbers will have to pay for social care in old age
The Association of British Insurers (ABI) is developing a workplace statement that will allow employers to tell employees exactly what sickness benefits they are entitled to.
The pensions industry breathed a collective sigh of relief as the government said it would not introduce a secondary annuities market until 2017.
The Financial Conduct Authority (FCA) is writing to all pension providers requesting data on how customers are accessing their retirement pots in the wake of the pension ‘freedoms' rolled out in April.
Mandatory advice on pension freedom cases with guaranteed annuity rates worth more than £30,000 should be scrapped and replaced with a ‘customer control' mechanism delivered through the Pension Wise service, the Association of British Insurers (ABI) has...
The Association of British Insurers (ABI) has hit back at proposals that providers would be "named and shamed" for not offering the full range of pension freedoms.