Retirement
DB transfers plunge 53% in three years
Drop is culmination of ‘limited availability and increased cost of advice’
FCA sounds alarm over rising pension scams
A quarter of consumers would withdraw their retirement savings to cope with cost-of-living crisis
14-year record high for annuity rates
They have increased by 52% in the last nine months alone
Regulator slammed over British Steel redress calculation issues
FCA faces a potential judicial review if problems are not resolved
Brits hit with £382m bill after breaching lifetime allowance limit
Frozen thresholds mean even more people will have to fork over cash

