Plans to introduce additional protection to pension holders ahead of the reforms kicking in in April have been outlined today by the FCA in a letter to chief executives of providers.
The Institute of Financial Planning has teamed up with Defaqto to offer Financial Planners and Paraplanners greater support by providing new practical resources.
Much was made about pensioners going on a Lamborghini buying spree once the pension freedoms take effect but a new survey shows only 7% intend to take out their entire fund to use as they please.
A new web based compensation claims service will cost The Financial Services Compensation Scheme more than first forecast, with the figure rising to £20.4million.
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