Over one in eight of the working population are saving more into their pension pots as a direct result of the introduction of Freedom and Choice, Aegon has found.
The government is to change the definition of financial advice for regulated firms - replacing, with effect from 3 January 2018, the two existing interpretations with a single one based on the Markets in Financial Instruments Directive (MiFID) definition...
The "rules of thumb" for sustainable drawdown income should be abandoned and replaced with tailored rates based on individual circumstances, Aegon has said.
Pension professionals have commended the Department for Work and Pensions (DWP) for launching a campaign to help people work for longer.
As the FCA closes its consultation on improving transparency of costs and charges in pension schemes, James Phillips asks the industry whether the watchdog has the right solution.
The government has been criticised for excluding pensions from a poster which aims to inform the public on the various savings vehicles available.
The chancellor has confirmed the government will keep the state pension triple lock but warned it could be cut in future due to rising longevity.
Savers should be able to use their nest eggs to buy a home, according to pensions minister Richard Harrington.
Pension professionals have welcomed the government's decision to keep the lifetime ISA (LISA) simple after a bill containing details of the saving vehicle was published.
The Treasury is seeking views on whether to allow defined contribution (DC) members to access their pensions before retirement to pay for financial advice.