Why an upcoming consultation should look at the whole range of ‘unjustifiable costs’ heaped on savers
With the Treasury set to consult on a charge cap to tackle excessive early exit fees, industry figures warn it will not work because it overlooks the real problem, writes Stephanie Baxter
Chancellor George Osborne's commitment to austerity might force him to break his promise on the triple lock for state pensions. Michael Klimes finds out why
The Treasury's action on punitive exit charges has been welcomed but there are concerns that clamping down too much on fees could be detrimental for savers.
The Treasury will consider imposing a charge cap for when people access their pension freedoms in a consultation to be launched next month.
Chancellor George Osborne revealed that 60,000 savers have taken advantage of the pensions freedoms that came into force in April.
The Chancellor has told the House of Commons that 60,000 savers have taken advantage of the pensions freedoms that came into force in April.
Could freedom and choice help deferred annuities make a comeback?
Those in the pensions industry calling for a period of consolidation could be disappointed, finds Michael Klimes
Only 1% of people have chosen to cash in their pensions completely since the freedom and choice reforms took effect last month, according to the country's biggest retirement adviser.