unbiased.co.uk, the find-an-adviser search website, has submitted its formal response to the Treasury's consultation on Freedom and Choice in Pensions - urging greater clarity on the government's guidance guarantee scheme to ensure independent financial advice is a key component.
Pension providers are not trusted to offer impartial guidance on retirement options, according to a new Which? survey.
The new Collective Defined Contribution plans announced today by the Government, as anticipated, have brought an initially sceptical reaction from some quarters.
Standard Life's annuity sales dropped by 50% following George Osborne's bombshell announcement on the future of pensions in the Budget.
Research examining people's views of the radical overhaul in pensions announced in the Budget found just over a quarter would seek help from financial advisers about their retirement plans.
Retirees can expect to see their income drop by two thirds when they leave the workplace.
Suggestions that the annuity is dead following last week's radical Budget are premature but insurance companies must ensure it does not become extinct like a dodo, a financial consultant says.
A SSAS provider believes the sweeping changes to pensions in the Budget will lead to more people taking their retirement income early and therefore increase the reliance on the state pension.
The Chancellor announced a wave of tax changes to Isas, pensions and higher rate thresholds in his Budget speech this afternoon including raising the annual Isa limit to £15,000.
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