The number of people saving through a workplace pension scheme has dropped 15% since 2007, with just a quarter of workers actively saving for retirement.

RETIREMENT

More than two-thirds (69%) of advisers think multi-manager funds will get a boost from the Retail Distribution Review (RDR), an industry poll has found.

Wesleyan has added a flexible drawdown option to its self-invested personal pensions (SIPPs).

Chairman of the Financial Services Authority (FSA) Lord Turner is interested in becoming the next governor of the Bank of England, The Times reports.

Regulations should crack down on the promotion of unregulated investments rather than increase elf-invested personal pension (SIPP) red tape, a trade body says.

The government must act to curb soaring cost of funding occupational pension schemes which is harming businesses' ability to invest and create jobs, employers have said.

Actions not words are needed to end the "rip-offs" in private pensions, Labour's shadow pensions minister has said.

The 2% floor in gilt rates, set by HM Revenue & Customs in 2011, should be lifted to 3% or 4% to ease financial pressure on pensioners in drawdown, a provider has said.

The Pensions Advisory Service (TPAS) has questioned the veracity of some financial advice on self-invested personal pension (SIPP) investments after an increase in calls to its helpline on the issue.