Annuity rates have plunged since the summer, a study has shown.
A former international cricket captain will manage Sipp investment portfolios as part of his new role at a Financial Planning firm.
The new pensions service will "fall significantly short of the promise of face to face guidance for all" due to the lack of centres providing it, an expert has warned.
Complaints and compensation claims about advice relating to Sipps will continue to rise, with an extra 500 cases predicted for the next financial year, the FSCS warned today.
Growing numbers of complaints about Sipps have been blamed for a jump in the levy advisers will have to pay next year.
A ruling from the Pensions Ombudsman regarding a Sipp could make it harder for providers to stop customers from transferring to possible scam schemes, an expert believes.
Retirees will be taking out retirement funds via 'pension bank accounts' by 2020, experts have predicted.
A financial advisory firm has warned of an impending "boom time" for pension scammers after reporting a wave of cold calls to clients from possible fraudsters.
The name of the new pensions guidance service has been unveiled today as Pension Wise.
The Pensions Minister is set to be grilled by MPs in Parliament on Monday as part of an ongoing inquiry into the progress made with automatic enrolment.
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