Confusion over pension freedoms rules has landed savers with a higher than expected tax bill, according to Prudential.
The life company's survey of 867 over-55s - conducted by Consumer Intelligence in February - found two-thirds admitted they were confused by the new rules, which were revealed last month to have raised...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point