Pensions minister Steve Webb plans to cap charges on auto-enrolment pension schemes at 0.75%.
The compulsory use of an annuity broker at retirement could be written into the latest version of the Pensions Bill after Labour tabled an amendment to the legislation.
Retirees could be missing out on a collective £33m a year if they rely on online annuity brokers as many fail to offer the best possible rates, analysis Key Retirement Solutions (KRS) shows.
The National Association of Pension Funds is investigating steps it can take to help DC members get a better deal at retirement - hinting at the launch of a broker service.
Fidelity Worldwide Investment is to acquire the entire share capital of Annuity Direct and its holding company Retirement Angels.
Annuity and equity release provider Just Retirement is to float on the London Stock Exchange.
Legal & General is in talks with Unite over potential redundancies at from its protection and savings divisions.
The government has extended a payment scheme for Equitable Life policy holders to mid-2015 and is due to launch an advertising campaign to encourage more policyholders to come forward.