Royal London Asset Management (RLAM) saw strong flows into its funds during Q1, with income and bond products in particular attracting investor interest.
Tax relief on pensions should be replaced by a Treasury contribution of 50p per £1 saved, argues a radical report by Michael Johnson for influential thinktank the Centre for Policy Studies (CPS).
Yesterday's Budget effectively removed the requirement to ever purchase an annuity, causing shares in listed providers to drop over 50%, but is there value in the sector after such a monumental sell-off?
Emergency services workers will no longer be subject to inheritance tax (IHT) on their death, it has been announced in the Budget.
The Financial Conduct Authority (FCA) has discovered poor practice on all annuity price comparison websites, with 12 out of 13 found to have breached TCF rules.
The conduct of pension providers' annuity sales teams will form a large part of the Financial Conduct Authority's (FCA's) continuing investigation into the retirement income market.
Some 80% of retirees who stick with their pension provider when they buy an annuity could get a better deal elsewhere, pointing to a huge failure in the open market option, the Financial Conduct Authority (FCA) has found.
Four men have been banned from working in financial services over their ‘disgraceful' behaviour in relation to occupation pensions which saw them net £4m in unnecessary commission.
Fidelity Worldwide Investment is to significantly expand its pensions business and has appointed Richard Parking as head of retirement.
MoretoSIPPs principal John Moret says the FCA places "unreasonable" responsibilities on SIPP providers when many of the issues the industry faces are advice based.