The government must rein in pension promises, or find the funds to back them as the state's unfunded liabilities approach £6trn, argues the Centre for Policy Studies (CPS).
Retirees could be heading into trouble as average pension pots require ten times more investment growth than they currently produce to realise desired levels of retirement income, according to research.
Why financial planning is crucial post-pensions freedom
Fewer people are looking to take their pensions as cash now the retirement reforms introduced in the beginning of April have settled in, research suggests.
Prudential and Hornbuckle have joined forces to launch a self-invested personal pension (SIPP) which utilises the provider's PruFund range.
Pensions freedom technical issues begin to surface
Invesco has named Westhouse Securities as the sole financial adviser and broker to its Income Growth Trust.
New pensions minister Ros Altmann has said she is hopeful existing annuitants will get the opportunity to sell their right to an income for a lump sum.
Why pensions will (and must) never be like bank accounts
The advantages of defined benefit (DB) pensions appear lost on some final salary savers who are frustrated by a government rule mandating they seek regulated advice before transferring out, research suggests.