Yougov

More than 240,600 savers have lost an estimated £14.6bn of pension savings to fraudsters, but a further £2.5trn remains potentially accessible to criminals, The People’s Pension (TPP) says.

Smart has launched a retirement product in a bid to help guide members and bridge the advice gap.

Levels of confidence in retirement saving remain persistently low, with feelings dampened further by Covid-19, but savers recognise the current opportunities in equities, a State Street Global Advisors (SSGA) survey finds.

Thousands of savers taking tax-free lump sums ahead of retirement are at risk of a pensions shortfall in later life due to neglecting their remaining pot, Zurich has warned.

Just under three quarters of defined contribution (DC) members are interested in seeing how their pension scheme's performance compares to others in the market, according to AllianceBernstein.

Some 41% of people in drawdown are not adjusting their pension income levels to account for stock market volatility, analysis by Zurich has found.

Some 28% of senior business decision-makers are unaware that automatic enrolment (AE) minimum contributions are increasing next month, according to Now Pensions research.

Some 54% of savers are 'very' or 'fairly' confident their retired income will provide their desired standard of living, data from the Office for National Statistics (ONS) has revealed.

Over a third (37%) of 50- to 75-year-olds are unsure when and how to access their pension, Old Mutual Wealth and YouGov research reveals.

The government has been urged to involve more consumers in the development of the pensions dashboard as YouGov research showed more than 90% have not heard about it.