SPP president Duncan Buchanan says ‘we buy any pension dot com’ could leave retirees penniless.
Helen Morrissey says people retiring in the next few years will risk making poor decisions
The Pension Policy Institute (PPI) has called on defined contribution (DC) providers to develop default retirement options after research found savers were daunted by the choices on offer from April.
Top stories on PP this week included news on pot follows member, Steve Webb slamming complacent providers, and warnings of mis-selling after April. Here's what you might have missed.
The website of National Savings & Investments (NS&I) crashed after experiencing "high demand" for the newly launched pensioner bonds, which went on sale this morning.
The Budget freedoms that come into force in April could trigger mis-selling claims worth billions of pounds, Sackers has warned.
Schroders has launched a fund to help defined contribution (DC) members coming up to retirement take advantage of incoming Budget flexibilities.
There are still too many people in financial services who think they can "keep their customers where they want them" by quietly carrying on with old-style practices, Pensions minister Steve Webb has said.
Pensioners could exhaust their retirement savings by age 75 if they withdraw an annual £3,000 from an above-average sized pot, according to research.
The brand name for the guidance guarantee has been unveiled as ‘Pension wise - your money your choice'.