Savers in Zurich corporate pension schemes will be able to access non-advised drawdown from the provider.

Statement brings 'clarity' to the current situation

PAC inquiry will be 'litmus test' for auto-enrolment

Fraudsters don't stick to just one scam

Pension saving 'is good for you'

DB schemes take 'up to three months' to respond

Four out of five cash lump sums paid out to under 65s

Providers will not have to apply the ‘second line of defence' risk warning procedure to pension pots worth £10,000 or under, the Financial Conduct Authority (FCA) has said.

The Financial Conduct Authority (FCA) has revamped its at-retirement rules as a result of pensions freedom and choice reforms which opened up the retirement income market.

Toby Strauss, the chief executive of Scottish Widows, is to exit the group after four years.