The total size of underpaid pensions has now passed the £900m mark.

The move is set to boost retirement savings for the average worker by around £1,000 and save businesses £225 million a year in unnecessary admin costs.

Women have received fake emails claiming that compensation for women affected by changes to their State Pension age was available.

This follows the completion of three ‘volunteer participants’ connection journeys in March.

The FCA's 'fresh thinking' has been welcomed by pension experts.

Nearly a quarter (23%) of people say they don’t know where to start when it comes to switching provider.

1 in 5 said they had reduced their regular overtime this year due to the tapered annual allowance.

More than half (52%) of advisers say their clients will be impacted by the rule change.

Two thirds of IFAs recommend clients increase the retirement income they take and three quarters re-evaluate the role of annuities.

Standards for pension providers and schemes have also been approved by the Secretary of State for Work and Pensions.