More than £1.8bn was withdrawn from pension pots in the first two months after the introduction of freedom and choice, according to the Association of British Insurers (ABI).
The trade body's latest figures reveal that during April and May more people chose to put their savings into regular income products than just taking cash. Savers took out more than £1bn in 65,000...
The British Medical Association (BMA) has warned chancellor Philip Hammond to reform the NHS pension scheme rules or doctors will reduce their working hours.
The lifetime allowance should be scrapped and replaced with a lower annual allowance, last week's Pensions Buzz respondents said.
Action for Children Pension Fund has outsourced its pensions administration to Trafalgar House.