Natasha Browne asks whether TPR is right to say small schemes will never meet its governance targets

The weekly income gap between pensioners and the working-age population has narrowed to 8% over the past two decades, according to official figures.

The work and pensions select committee is set to scrutinise the pensions industry over concerns that consumers are still being "ripped off", according to reports.

New Pensions Ombudsman (PO) Anthony Arter has introduced a minimum compensation level of £500 for "inconvenience" or "distress" caused by maladministration.

People approaching retirement are confused about the potential benefits of the single-tier state pension set come into effect next April, according to Saga.

There has been a steady climb in the proportion of Britons who see workplace pension schemes as the best way to save for retirement.

A secondary annuity market would help with hedging longevity risk in defined benefit (DB) pension schemes, experts say.

The Pensions Regulator (TPR) "accepts" that many small pension schemes will never achieve the necessary standards it has laid out on governance.

Most annuity holders would resist the urge to cash in their policies on a secondary market despite concerns people had got a bad deal from insurers, according to research.

Two north-west businesses have been wound up by the High Court after convincing 209 people to put total pension savings of £11.9m into a fraudulent investment scheme.