Pension reciprocation, or pension unlocking, agreements operated by Ark Business Consulting are illegal, judges in the High Court ruled today.
Steve Webb should consider setting up a central pension's registry as part of his drive to ensure pension pots are for life, a provider says.
Confidence over the future prospects for scheme investments has plummeted over the last six months, Professional Pensions research reveals.
The decline of final salary defined benefit pension schemes has escalated dramatically over the past year, National Association of Pension Funds research shows.
In our end-of-year round-up we asked industry spokespeople to preview the year ahead in pensions.
Professionals urged to lobby European counterparts
Annuity rates have fallen across the board for December as gilt yields have plunged to record lows.
UK CPI inflation fell from 5% to 4.8% in November, the Office for National Statistics has said, in line with economists' forecasts.
Food giant Unilever has been labelled a "modern day Scrooge" after it withdrew the offer of a £15 Sainsbury's Christmas voucher for workers protesting changes to their pensions.