ISA style pensions would be a “reckless, huge gamble” risking turning people away from long term saving in their droves, a pensions firm chief says.

A Financial Planning director from Nationwide has been appointed to a savings body’s board.

Retirement lending must be looked at as a crucial element in the FCA’s probe into barriers to mortgage sector competition, The Equity Release Council says.

Much uncertainty surrounds the potential impact on the public coffers from changing the way pensions are taxed, the Institute for Fiscal Studies says.

The FCA has fined a former head of JP Morgan’s CIO International £792,900 for “failing to be open and co-operative”.

AJ Bell has launched a new suite of cash management tools for financial advisers.

A national advice firm is launching a “dedicated high net worth equity release service”.

The Nottingham branch of an advice firm has reported it is closing in on £50m funds under administration one year after opening.

Introducing a flat-rate of pensions tax relief would be misguided and “devoid of any economic rationale”, the Institute of Economic Affairs has claimed.

Nearly three-quarters of UK workers believe they are facing a less comfortable retirement than their parents’ generation.