Royal London

A controversial decision to slash the Money Purchase Annual Allowance (MPAA) from £10,000 to £4,000 will be scrapped as the Treasury seeks to trim the Finance Bill.

Theresa May's surprise announcement to hold a general election on 8 June has thrown into doubt the future of the state pension triple lock and qualifying age.

Helen Morrissey, editor of Professional Pensions, will be stepping down at the end of April to take on the newly-created position of personal finance specialist at Royal London.

Savers using drawdown in retirement are potentially accessing their funds at an unsustainable rate, with money likely to run out within 25 years.

Royal London's independence governance committee (IGC) has reported that charges for members have fallen and considers transaction costs across its default funds are good value.

The government should scrap the state pension 'triple lock' and replace it with an earnings link, according to John Cridland's long-anticipated review.

Defined benefit (DB) schemes should provide more comprehensive information when calculating cash equivalent transfer values (CETVs) to reduce delays, according to Rathmore Financial and Royal London.

Intelligent Pensions has hired Royal London's Fiona Tait as technical director as David Trenner steps down for retirement.

The reduction of the annual allowance in 2014 has caused a significant rise in the number of people breaching the limit.

Over two-thirds of the eligible population are saving into a workplace pension, reaching a new all-time high, according to the Office for National Statistics (ONS).