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Half of drawdown retirees unaware they can vary income

Hundreds of thousands of DIY drawdown investors are unaware they can scale back or stop their withdrawals, putting them in danger of draining their retirement savings too rapidly, according to new research for Zurich.
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DB advice demand ‘strong’ but supply ‘hampered’ says report

According to adviser research from Aegon the demand for DB advice remains strong with nine out of 10 advisers, who are or have been active in advising on defined benefits, saying there are still many individuals who would benefit from taking advice.
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Firm unveils new employee ownership structure

Financial Planning firm Paradigm Norton has launched a new employee ownership structure which has given all 65 staff a stake in its future.
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New TPR chief exec vows to deliver ‘robust protection’

The new chief executive of The Pensions Regulator (TPR), Charles Counsell has set out how he will lead the organisation and vowed ‘robust protection’ for savers.
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Bank of England freezes interest rates at 0.75%

The Bank of England has maintained interest rates at 0.75%.
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  1. FCA plans new regulatory action over DB transfers
  2. Retirees face outliving their savings by 10 years
  3. Carey Pensions buy makes STM Group immediate £2.7m profit
  4. FSCS declares SIPPs firm in default

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