Industry

Why those responsible for jargon like UFPLS 'should be sacked'

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.

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.

Mandatory advice on pension freedom cases with guaranteed annuity rates worth more than £30,000 should be scrapped and replaced with a ‘customer control' mechanism delivered through the Pension Wise service, the Association of British Insurers (ABI) has...

Pensions minister Ros Altmann's maiden speech to the House of Lords on proposed reforms to state and private pension systems

Frank Field has been elected as chairman of the House of Commons Work and Pensions Committee.

Pensions minister Ros Altmann is disappointed that many providers have failed to offer the full range of pension freedoms to their customers.

People looking to trade in their annuities for cash should be obliged to take independent financial advice, industry pundits agree.

Concerns of a Greek default on its €1.5bn (£1.1bn) repayment to the International Monetary Fund (IMF) due by the end of the month are mounting.