About 30% of savers took regulated advice before accessing their pot
Quilter presses DWP to take ‘urgent action’ over transfer delays
FCA proposed no changes to initiative but said the industry must do more to support savers
25% of pension transfer assessments in Q1 2023 raised red flag scam warnings
DWP urged to implement changes to AE to address retirement income shortfalls
Some £45m was repaid to individuals in the final quarter of 2022 alone
Review aims to assess the quality of outcomes consumers are getting
Quilter analysis of PLSA data finds comfortable retirees need an annual income of £26,000
Data from Maps shows the reasons for majority of amber flags were unclear
Institute says reforms could raise revenue and reduce income tax avoidance