The government should scrap the state pension 'triple lock' and replace it with an earnings link, according to John Cridland's long-anticipated review.
The National Employment Savings Trust (NEST) will not expand its decumulation offering to enter the drawdown market, the Department for Work and Pensions (DWP) has confirmed.
Pension professionals have reacted with outrage to Treasury plans to cut the money purchase annual allowance (MPAA) from £10,000 to £4,000 from April.
The Treasury has announced that from April savers will be given tax-free early access to their retirement pots in order to pay for advice.
'Annuity comparator' tool to be established