Pensions minister Steve Webb has given the clearest indication yet of the make-up of the government's retirement ‘guidance guarantee', which will include a clear "hand off" to full advice for those who need it.

The outgoing Bank of England (BoE) deputy governor Charlie Bean has said it is "reasonable" to expect interest rates to return to 5% within a decade.

Annuity comparison sites should include details of the types of guarantees available and identify providers that operate a restricted panel, after the Financial Conduct Authority (FCA) updated its guidance.

Chancellor George Osborne is in danger of emulating Robert Maxwell "as a destroyer of pension savings" with plans for a retirement 'guidance guarantee', Tom McPhail has warned.

Workers are to be given the option of saving into new 'collective' pension schemes which ministers believe could boost their incomes by up to 30%, under plans to be unveiled in the Queen's Speech later this week.

Labour is set to announce plans that would see an extra 1.5 million workers automatically enrolled into a pension scheme.

Just Retirement is "rapidly adapting" its business model to accommodate changes to pensions announced at Budget 2014, after disclosing annuity sales are "at around half of pre-Budget levels".

Consumer group Which? has shelved plans to launch an annuities advice service following the far-reaching changes announced at Budget 2014.

Tax relief on pension contributions should be replaced by a Treasury contribution of 50p per £1 saved, argues a radical report by Michael Johnson for the Centre for Policy Studies (CPS).

Retirees receiving financial 'guidance' via the government's 'right-to-advice' promise outlined at Budget 2014 will also be told how long they are likely to live to help inform their decision about what to do with their retirement savings, Steve Webb...