Whatever the outcome of the tax relief green paper the government should use legislation to enforce a set period of stability for UK pensions, Neil MacGillivray has said.

Fraudsters targeting pension pots in the wake of freedom and choice reforms are increasingly linking their efforts to investment scams such as fine wines and overseas property, Citizens Advice has warned.

Michael Johnson pulls the strings

A major review into consumer access to the financial advice market has been launched by HM Treasury and the Financial Conduct Authority (FCA).

Alan Higham, Fidelity Worldwide Investment retirement director, is to leave the business after 18 months.

Consumer group Which? wants the Financial Conduct Authority (FCA) to take action to simplify drawdown charges to make pensions freedom and choice retirement income options easier to understand.

Members of the work and pensions select committee are to launch an inquiry into advice and guidance available to retirees following pensions freedom to ensure people are not "ripped off" when accessing their pots.

The Treasury will net an extra £700m in tax this year as a result of the pensions freedom and choice reforms, Hargreaves Lansdown has projected.

Scrapping salary sacrifice, rumoured to be part of the 8 July Budget, would do more harm than good but is likely to be high up on the Chancellor's agenda, consultants believe.

Longevity assessment specialist MorganAsh plans to operate a 'central annuity bureau' in the second-hand annuity market.