Half of advisers refuse to implement pension transfers out of defined benefit (DB) schemes amid worries the regulator would hold them to account further down the line, according to research.
Three quarters of defined benefit (DB) schemes intend to provide transfer quotes to members as part of their standard retirement process, research finds.
As many as 6,000 people have accessed the Money Advice Service's (MAS) retirement adviser directory in its first month of operation, the consumer body has said.
Legal & General (L&G) has generated a 'record' £330m in cash in the first quarter of the year as changes to its business following the pension reforms paid off.
As the UK prepares to elect the next government Helen Morrissey asks for a period of consolidation for pensions.
Advisers are warning the message on pension reforms has been misunderstood after experiencing a surge in interest from people looking to cash in their annuities.
As trustees prefer for an increase in transfer requests, PP looks at best practice
Top stories on the website this week include three decisions from the Pensions Ombudsman on suspected liberation fraud and a review of general election manifestos. Here's what you might have missed.
Natasha Browne asks whether trustees should communicate non-mandatory information to members
A third of people who have already purchased an annuity intend to keep it despite government promises they can sell their right to the income for cash, according to a poll of 1,800 retirees.