Hargreaves Lansdown

HM Revenue and Customs (HMRC) paid out £37m in overpaid tax to pension freedoms users in the third quarter of the year, its quarterly figures have revealed.

Trust-based defined contribution (DC) schemes with between one and five members face the highest ongoing charges for investing their retirement pot, research has revealed.

National retirement income targets are needed to help savers understand whether they are putting away enough money for old age, the Pensions and Lifetime Savings Association (PLSA) suggests.

Michael Klimes explores how the Pension Quality Mark's new communications guide can help the industry can improve engagement with members

Royal Mail workers have overwhelmingly voted for strike action in response to the company's planned closure of its defined benefit (DB) scheme.

Hargreaves Lansdown research has found that employers support the expansion of auto-enrolment (AE) and higher minimum contributions.

Up from 2.6%

The government's proposals to clamp down on pensions cold calling are still lacking in detail and it needs to be much clearer about how they will be introduced, says the industry.

The government's plans to ban pensions cold calling could be subject to further delays amid speculation that yet another consultation is on the cards.

The average pot size for members who actively select funds is £29,996 compared to just £3,790 for a defaulter, according to a study by Hargreaves Lansdown.