Investment

A frozen income tax threshold coupled with mass auto-enrolment will result in the annual pension allowance being cut further, meaning people should increase contributions while they can, according to Prudential.

Life expectancy for typical retirees has fallen by several months, according to analysis of mortality data.

The next government must "brave up" and start raising auto-enrolment (AE) contribution rates towards 12% to 15% to manage expectations of savers, the head of the National Association of Pension Funds has said.

The Prince of Wales has called on the pensions industry to ditch its "short-term outlook" or risk condemning the country to a "miserable future".

Believe it or not, we are nearly half way through the tax year and a lot has happened over the past six months.

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

Pensions minister Steve Webb faced questions in Parliament yesterday over the Department for Work and Pension's (DWP) stance on scheme charges.

The Treasury is exploring the idea of capping tax-free ISA allowances to crack down on 'ISA millionaires', while investigating plans to reduce the amount retirees can take as a tax-free lump sum.

The country's current pension system sees workers enrolled into "risky and inflexible" funds and must be modernised to ensure millions of people are not failed, according to Ros Altmann.

The Department for Work and Pensions (DWP) has focused hard on promoting a positive image auto-enrolment (AE).