Investment

The number of people in the UK working beyond state pension age has almost doubled over the last 20 years according to figures released by the Office for National Statistics.

The Pensions Regulator (TPR) has published a list of key features that defined contribution (DC) schemes "need to be able to demonstrate" to show they will deliver good outcomes for savers.

Standard Life has launched an online toolkit aimed at helping employers and advisers plan for auto-enrolment compliance.

Retirement Planner's round-up of the week's top pension stories.

The government "will not come to a firm answer" on the question of small pension pot consolidation despite an industry-wide consultation on the issue initiated by pensions minister Steve Webb.

The Association of British Insurers (ABI) has downplayed the impact of charges on pension pots, pointing instead to the importance of increasing contributions and saving earlier.

Royal Bank of Scotland (RBS) has told staff they will have to work longer and contribute 5% of salary to their final salary pension.

Extending working lives and promoting private pensions are essential in making pension systems sustainable and adequate according to the OECD.

People who are will to pay into a pension but have not got around to signing up are collectively losing out on £2.5bn in income tax relief on contributions, analysis has found.

PENSIONS