Iain Duncan Smith caused a mini-storm last night after saying the unemployed should "get on a bus" to find a job.

Around three-quarters of retirees bought financial products via a bank adviser, with only 20% using an IFA, according to AXA's Retirement Scope report.

Retirement solutions provider Partnership has sold online advice service Annuity Direct to Retirement Angels for an undisclosed sum.

Several people connected with Tudor Capital Management, a pension scheme administration service provider, have been arrested on suspicion of fraud, cheating the public revenue and money laundering.

The raising of the state pension age (SPA) to 66 by 2020 will be harder for women than men, experts say.

The coalition government will not cut any universal benefits for pensioners, the spending review revealed.

The State pension age will reach 66 by 2020, Chancellor George Osborne said today.

Just Retirement's group sales hit £1bn for the first time during the year ending June 30 2010, which is a 33% year-on-year increase.

Martin Tilley, pension consultant at Dentons Pension Management, has hit out at rival James Hay for providing a poor deal for customers on its SIPP cash accounts.

Details of the death of David Seaton, the founder of Rowanmoor Pensions, were revealed in an inquest yesterday.