The Chartered Insurance Institute has unveiled an initiative to call on life, pensions and long term savings providers to back a framework of professional standards ‘underpinned by credible and robust measures.’

The Financial Conduct Authority is to consult on imposing a 1% cap on early exit charges for consumers using the pension freedoms.

Pension Freedom cash is increasingly being channelled into bricks and mortar which has become the most popular place to invest for people taking out money from their pension. Read more...

Transfers of pensions into drawdown products since April are up 101%, new analysis released this morning has shown.