Steve Groves, the former CEO of Partnership, has been hired as chairman of the Key Retirement Group, an equity release and later life provider.
Partnership is to launch the Enhanced Retirement Account [ERA] Sipp offering consumers access to a guaranteed income and the flexibility of drawdown as well as an opportunity for investment growth.
As April looms and the pension reforms get set to take effect, less than a third of 40 to 70 year olds have spoken to anyone at all about the changes, research suggests.
The Pensions Minister is set to be grilled by MPs in Parliament on Monday as part of an ongoing inquiry into the progress made with automatic enrolment.
The job of advisers will be to "protect people from themselves" in the new era of pensions being ushered in from April, Partnership's chief executive says.
The latest annuity data has suggested customers with smaller pension pots have immediately started to use the new freedoms to take their cash lump sum, according to the ABI.
Partnership has announced that it will shed 100 jobs as part of cost cutting measures linked to the overhaul in the pensions system arising from the Budget.
The pensions industry should avoid "blindly following" systems used overseas as it undergoes a major shake up following the Budget reforms, an expert warns.
Retirement planning advisers have told how regulation is their overriding fear in the wake of RDR.
The majority of over-45s in the UK expect to retire with at least £490,990 in assets, according to research from equity release provider Partnership.
News from Twitter
Articles by Keyword
AJ Bell
AMPS
annuities
Autoenrolment
Barnett Waddingham
Curtis Banks
DWP
FCA
FOS
FSCS
James Hay
Lisa Webster
Mattioli Woods
Pension
pension freedoms
pensions
pension transfers
Platforms
regulation
retirement
retirement planning
Sipp
Sipps
Ssas
Talbot and Muir
The Pensions Regulator
TPR
Webster
websterblog
Xafinity