More than one million people aged over 55 are now subject to harsher pension contribution limits as a result of using the pension freedom rules, Just Group research has found.
HM Revenue and Customs (HMRC) has taken over £400m too much in tax from savers accessing their pensions since the introduction of Freedom and Choice in 2015.
Steve Webb says pension schemes would be ill-advised to sit back and defer consideration of the implications of a dashboard for them.
Pension drawdowns are becoming "increasingly common", according to Just Group's Stephen Lowe, as the latest HM Revenue & Customs (HMRC) figures show £2bn was withdrawn from pension schemes in the third quarter of 2018.
Hogan Lovells sets out what pension funds need to do for equalising guaranteed minimum pensions (GMP) in light of the landmark Lloyds judgment.
HM Revenue and Customs (HMRC) has had to pay £38m to pension freedom users after more than 18,000 counts of tax overpayment were reported.
Pension freedoms could generate as much as £1.9bn a year in tax revenue for the next 10 years, according to research by the Pensions Policy Institute (PPI).
This week's top stories include Smart Pension and Legal & General revealing a prototype demo of their workplace retirement income product, combining drawdown and annuities.
The government is set to review an anomaly which sees lower-paid workers in the majority of master trusts lose out on tax relief, it has confirmed.
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
Around eight million state pension forecasts have been viewed online since the digital service was launched in February 2016, Professional Pensions analysis reveals.
A record £2.3bn was withdrawn from pensions under Freedom and Choice in the second quarter of this year, according to HM Revenue & Customs (HMRC).
One in 10 of this year's retirees will take their entire pension pot as a lump sum, Prudential's 'Class of 2018' research finds.
Respondents were almost evenly split in this week's Pensions Buzz on whether the Competition and Markets Authority's (CMA) remedies for the investment consultant and fiduciary management markets go far enough.
This week's top stories included the Insolvency Service disqualifying four pension directors from running companies for a total of 21 years for their role in the businesses' mismanagement of member funds.
The government should extend its support for schemes seeking to reconcile guaranteed minimum pension (GMP) records until October 2019, Willis Towers Watson has said.
In this week's Pensions Buzz, we wanted to know whether geopolitical risk will increase or decrease over the next six months, and how Guy Opperman has performed as pensions and financial inclusion minister over his first year in the post.
In this week's Pensions Buzz, we want to know how you would rate Guy Opperman's performance as pensions and financial inclusion minister after his first year in the post, and whether you believe geopolitical risk will increase or decrease over the next...
The Office for Tax Simplification has urged HM Revenue & Customs to review the usage of emergency tax codes for lump sum pension withdrawals.
HMRC figures published on Friday suggest almost £17.5bn has been flexibly withdrawn since the inception of pension freedoms, but that figure is not reflective of 'the bigger picture', according to one industry expert.
Two men were sentenced to jail after luring 16 victims into transferring nearly £1m of their pensions into a non-existent occupational scheme in an "elaborate" liberation scam.
There are 'shocking disparities' in pension incomes - including within the same region, according to a Royal London analysis of HM Revenue & customs (HMRC) data.
A number of pension issues will be battled out in the courts over the course of this year. James Phillips rounds up the cases to watch out for and the potential consequences for the industry
The overall cost of pension tax relief rose slightly in 2016/17 to £38.6bn, from £38.5bn in 2015/16, according to annual HMRC estimates, representing a "stabilisation" compared with previous years.