Pensions minister says extra income from auto-enrolment will offset the cost of paying for the guidance guarantee.
MGM research also finds nearly half of women unaware of retirement products.
Webb says Government is talking to industry to deal with exit charges undermining pension flexibility.
D2C firm plans to target older, wealthier clients.
We need to be radical on this, and it is not enough to tinker around the edges.
No wonder some members are asking what’s the point of staying in the trade body.
Proposed changes by HMRC to the tax disclosure regime are a cause for concern.
L&G’s decision to quit the ABI immediately led to speculation that other major insurers could follow suit.
Adviser disquiet about picking up a substantial part of the cost of the proposed guidance service is understandable.
With the Scottish referendum looming, perhaps certain areas of the pension industry ought to be more advanced by now, in case of a yes vote.
Wealth manager to sell Sipp and SSAS book for consideration of up to £355,000.
But new research from Suffolk Life suggests the regulator’s apparent U-turn on UK commercial property may not be all it seems.
Impact of capital reforms significantly reduced compared to 2012 estimate.
The FCA has softened its proposed approach to increasing capital adequacy requirements for Sipp operators.
Pensions minister said the Government will publish a consultation on the best way to ensure people are not auto-enrolled into higher charging schemes.
Chief executive Joanne Segars has hinted the trade body could move into the annuity broking market
The pensions industry has come under growing pressure from politicians and industry commentators.
Govt charge cap proposals
Chief executive Phil Loney puts true cost of charge cap at £1bn.
Government is also capping charges on auto-enrolment default funds at 0.75 per cent from April 2015.
Pensions minister Steve Webb confirms auto-enrolment charge cap will be in place before the general election.
The Big Interview
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The Government is trying to balance flexibility and anti-abuse measures in its ambitious plans for pension reform.
What questions should advisers ask clients in the new world of flexible retirement?
With over 3.4 million UK workers now self-employed, many employers may overlook the inclusion of contractors within their auto-enrolment plans.
Behavioural economics presents interesting and deep-rooted lessons for us to learn as we make sense of the brave new world in pensions, paved by George Osborne in March’s Budget