Aegon

Proposed changes to Scottish income tax bands could see savers receiving too little tax relief, commentators have warned.

It is estimated that half of those born today could expect to be alive at the age of 82.3 years if male and 85.8 if female, according to the Office for National Statistics (ONS).

The UK could face a retirement income crisis due to a lack of joined-up policy, according to research by the Pensions Institute. Stephanie Baxter takes a look at the findings

Schemes should explore new ways of engaging with Generation Y to encourage them to achieve better retirement outcomes, writes Kim Kaveh

Just over 50% of 18-34 year olds are not actively encouraged to save into a pension by their employer, according to exclusive Aegon research.

There are increasing concerns retirees are not making informed decisions when choosing drawdown funds and could have high exposure to sequence risk, writes Stephanie Baxter.

The state pension age (SPA) could stick at 67 if the government redirects finances from boosted gross domestic product (GDP) arising from the advance of robots and artificial intelligence (AI).

Experts have called on the government to clarify the relationship between state pension age increases and the age from when individuals can flexibly access their pension pots.

Some 40% of millennials plan to increase their monthly pension contributions next year, according to Royal London's recent analysis.

A cut in higher-rate pension tax relief could be on the cards for the November Budget, according to Treasury insiders.