More than 32,000 pension savers have received £135m in compensation from providers who failed to inform them about enhanced annuity options, the FCA has revealed in its Annual Report and Accounts.
The Financial Conduct Authority has today fined The Prudential Assurance Company Limited £23.875m for failures relating to non-advised sales of annuities.
SIPP operator Curtis Banks has introduced the Prudential Trustee Investment Plan (Pru TIP) to its Your Future SIPP.
IFA Defaqto has released an updated version of its annual guide to pensions drawdown, in conjunction with Prudential.
Prudential today announced plans to demerge M&G from Prudential plc in a move that will result in two separately-listed FTSE 100 companies, each with a ‘distinct’ investment prospects.
This year’s retirees will have the highest income since 2008.
Expectations among workers that they will retire roughly four years younger than their State Pension age are unrealistic, a report has warned.
A quarter of couples plan to take advantage of pension freedoms to make sure they leave an inheritance to their families, according to new research.
Pensioners in the UK pay a total of more than £17billion in income tax every year, according to new analysis.
Hornbuckle and Prudential have joined forces to bring a new at-retirement proposition.
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