A think tank looks to Australia and the USA for clues about how flexible retirement could pan out in the UK. Rebecca Shahoud reports.

Former pensions minister Steve Webb believes the money put into Pension wise would have been better spent giving retirees vouchers for financial advice.

Five people arrested on Tuesday on suspicion of fraud relating to auto-enrolment have been bailed pending further inquiries.

Six people have been arrested today, following allegations of fraud relating to automatic enrolment.

Taxpayers, the state and retirees have an uncertain future because of the ‘freedom and choice' policy introduced in April, according to research.

Total UK defined benefit (DB) pension deficits shrunk slightly in October but still stand at £228bn, according to figures from JLT Employee Benefits.

The Pensions Regulator (TPR) issued almost four times more auto-enrolment non-compliance notices against employers in last three months than in the previous quarter, official figures show.

The government's plans for ensuring their members are not paying commission to advisers out of their own pot do not include further responsibility on employers.

Statistics from HMRC reveal 146,000 people have accessed around £2.72bn since the introduction of pension freedoms in April.

Changing from EET to TEE will be a short term, not a long term tax solution, says National Institute of Economic and Social Research (NIESR).