Retirement
DB transfer values fall to lowest month-end level for 7 years
93% of cases raised at least one scam warning flag in May
19 million Brits over 50 will not consider annuities
Less than a third have or would contemplate buying one
Another IFA banned from providing advice on pension transfers
FCA has also prohibited him from holding any senior management function in a regulated firm
Chinese private pension market to hit $550bn by 2030
Following reforms to the market
UK firm rolls out blended retirement income solution
It will allow advisers to offer clients a mix of drawdown and annuity strategies