Even prudent retirees risk making poor decisions when pension freedoms kick-in next year, with more than one in three intending to switch their savings into a bank account.
Fidelity Worldwide Investment has launched an at-retirement service ahead of the deadline for implementing the new flexibilities for defined contribution (DC) members next April.
Mark Hoban has backed the Money Advice Service (MAS) to play a central role in providing the guidance guarantee.
The Investor Forum, set up to increase engagement from asset owners and managers, has been officially launched with Simon Fraser appointed chairman.
Ruth Gillbe says gradual change would be better than permanent revolution
The government must make an "urgent decision" on the specifics of the guidance guarantee to ensure the April 2015 deadline is met, Friends Life has said.
Providers should be forced to deliver the guidance guarantee if they are to do the right thing by their customers says Fidelity's head of retirement insight Alan Higham.
Industry welcomes the proposed Pensions Bill
Natasha Browne examines how a rise in yields would impact property portfolios
Jonathan Stapleton looks at the impact of the Budget on DC defaults