FCA data showed an increase in the number of complaints about regulated firms, with more than four million complaints during the first half of 2018.

There is a growing trend for advisers to take on more work themselves and manage the investments of their clients in retirement in separate pots, an asset management firm has found.

Thesis Asset Management has launched a report on decumulation for financial advisers called: ‘Decumulation – the usual suspects: Sequencing risk and other unhelpful side effects’.

Royal London’s Steve Webb says the Government was right to resist calls for default retirement pathways.