Bristol-based online investment provider and Financial Planning firm Hargreaves Lansdown is joining the Association of British Insurers as its first platform provider member.

Former Pensions Minister Steve Webb says the fact people come up to him to “shake me by the hand rather than the neck” shows the pensions freedoms have been a success.

Bristol-based investment company Hargreaves Lansdown says it believes that a DWP consultation paper on occupational pensions, due to be published imminently, will mean a major shake up to workplace pensions.

Hargreaves Lansdown believes that Autumn Statement documents hint that it is only a matter of time before pension tax relief will have to be targeted for cutbacks by the Chancellor.