Six-month delays 'disappointing' for an ageing population, critics argue

Former pensions minister Steve Webb unearths archived 2004 research

'Sensible' approach as smaller pots taken as cash and larger pots used for income, data suggests

A mandatory requirement on providers to use Origo's Options Transfers service is among the suggestions for improving the efficiency of pension transfers.

Aegon has initiated a review of its annuity business in the UK.

The Financial Conduct Authority (FCA) is writing to all pension providers requesting data on how customers are accessing their retirement pots in the wake of the pension ‘freedoms' rolled out in April.

The advantages of defined benefit (DB) pensions appear lost on some final salary savers who are frustrated by a government rule mandating they seek regulated advice before transferring out, research suggests.

New pensions minister Ros Altmann has outlined her primary objectives in the role, including safeguarding the retirement ‘freedoms' that were introduced last month.

Regardless of who is in power after the general election, higher earners are going to see their pension contributions taxed more heavily, according to analysis.

A third of people who have already purchased an annuity intend to keep it despite government promises they can sell their right to the income for cash, according to a poll of 1,800 retirees.