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Retirement wealth planning firm James Hay has laid out plans to introduce greater flexibility for clients as the pension reforms kick in next April.
A pensions consultancy firm has predicted the average retiree is set to live on the poverty line.
Pensioners plan to spend a total of £4.2 billion on gifts and entertaining this Christmas, a survey found.
The market for retirement income is failing, with many consumers missing out on a higher income by not shopping around, the FCA has concluded.

A majority of UK employees expect to keep working beyond the age of 65, a new poll shows.

Nearly two thirds of financial advisers fear that the pension reforms will be axed if the Government changes at the General Election, research suggests.

A pensions expert has welcomed a move in the Autumn Statement today to bring annuity death benefits into line with drawdown.

The scale of ignorance about pensions among young people has been revealed by a Sipp firm.

The FCA will strengthen its proposals on the pensions guidance service to protect consumers in light of industry concerns and following fears raised in Parliament over another mis-selling scandal.

A retirement planning expert has called on the Government to avoid making further changes to pensions at next week's Autumn Statement.

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