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FCA data reveals surge in pension withdrawals
The latest FCA retirement income data for 2023/24 has revealed a 20% rise in the number of pension plans accessed for the first time between April 2023 and March 2024.
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Urgent need for better at-retirement support
There's an urgent need for better at-retirement support, according to former pensions minister Steve Webb, who has called on the FCA to speed up its advice/guidance review.
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Demand for annuities at record high
There was a record high in demand for annuities among advisers in the first half of the year, according to figures published today by pensions technology provider iPipeline.
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FCA to change enforcement approach
The Financial Conduct Authority is changing its enforcement approach as it aims to act faster and with more transparency.
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Half of workers planning phased retirement
Nearly half (49%) of workers aged 50 or older want to phase into retirement (32%) or have already done so (17%), according to a new survey.
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