Related topic: Pension

Reeves was reportedly considering cutting or capping the tax-free pension lump sum.

Over a fifth of young people believe they’ll need £100,000+ a year for a good retirement.

Industry experts have proposed an average 20-year state pension and a new 'guaranteed period' of five years.

Changing salary sacrifice arrangements would lead to a reduction in take home pay for millions of employees, the Society of Pension Professionals warns.

LCP says more needs to be done to ensure that pension schemes become aware of the death of a member as soon as possible.

Speculation is mounting that the government could cut or cap the tax-free pension lump sum.

25% of over 55s are actively not taking any action to account for the pension changes.

The former pensions minister is urging DWP to ensure records are retained for as long as they may be needed to clear up any outstanding state pension errors.

PIMFA says the changes could lead to bereaved individuals and families facing unfair costs and delays.

The data shows a dramatic fall in the use of advice for drawdown, from two-thirds to less than half in six years.