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Aegon has called for the pensions advice allowance and adviser charging to be combined.

Potential scammers have targeted 1.8m people aged over 50 in the last three months, according to a new report.

The Adam Smith Institute says the move to raise the state pension age to 68 earlier than planned fails to go far enough.

The FCA has fined a compliance oversight officer for pension transfer failings after about 500 customers with pensions worth £12.7million were advised to move from a DB to DC scheme.

The Chartered Insurance Institute is preparing the launch of a new pension transfers qualification following FCA plans to tighten the advice requirements for the transfer of safeguarded benefits.

Nearly 3,600 consumers have been compensated for wrongly being advised to switch savings into ‘risky’ assets within SIPPs – at a cost of £105m.

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