Income

About 700,000 people reaching state pension age over the next ten to 15 years are at "high risk" of making poor decisions when accessing their retirement income, according to a Pensions Policy Institute (PPI) report.

Henry Tapper explains why Labour is right to threaten a cap on drawdown fees

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Labour has urged the government to ensure none of the 320,000 savers expected to take advantage of pension freedoms are exposed to "rip off charges".

Sales of drawdown contracts have more than doubled compared to the third quarter of last year while annuity purchases continue to fall, according to latest Association of British Insurers (ABI) statistics.

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Prudential has said a pick-up in bond sales helped negate a near 50% reduction in annuities new business in the first nine months of the year.

The government has launched an online hub within video sharing site YouTube in a bid to aid consumers' understanding of pensions.

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