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The Association of British Insurers has warned that “alarming” numbers of pension savers are entering retirement and using pensions drawdown without taking any financial advice.

Chartered Financial Planning firm Belmayne is among the first firms in the East Midlands to sign up to a new professional code of practice governing pension transfers.
Financial Planning firm LEBC has launched a new guide to pension disparities between genders.
New research from AIG has revealed workers expect to be physically capable of doing their jobs until past their 68th birthday, beyond the age they can start claiming the State Pension even when it is extended to 67 by 2028. 
Research for IFA network Openwork has revealed growing untapped demand for financial advice.
SIPP provider Embark Services Limited (ESL), which uses the Embark and Hornbuckle brands, saw a 15.3% rise in client numbers in the year ended in December.
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