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.
Pension Drawdown users are at serious risk by failing to set up a Lasting Power of Attorney, according to a new study.
The launch of the pensions dashboard could spark an increase in demand for advice as savers look to consolidate their pots, according to platform provider Zurich.
Some 32% of pension savers using drawdown to fund retirement have no investment experience and two in five (41%) of these drawdown beginners have received no financial advice or guidance, according to new research.
A programme of enhanced workplace savings, including a SIPP, has been launched by Scottish Widows.
Uber is among the headline names taking part in a ABI project to find ways to help the self-employed save for retirement.
Some 17% of financial advisers have changed their preferred platform in the last 12 months as dissatisfaction with service levels grows.
Xafinity Group, the specialist in pensions actuarial, consulting and admin services, has recruited Dave Hodges as head of the National Pension Trust from Zurich.
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.
Zurich has signed up to the recently published TeX standards for pension re-registration transfers - developed by the industry to simplify the process.