Legal and General (L&G) will cap its charges on the default fund within workplace pension schemes at 50 basis points (bps) from 9 September.
A third of workers believe their employers should pay for full financial advice in the workplace, according to the latest Scottish Widows Workplace Pensions Report.
Axa UK has appointed Bertrand Poupart-Lafarge as the UK group's chief financial officer.
Nearly one third (32%) of public sector workers are considering returning to work post retirement due to financial concerns according to research from Teachers Assurance.
It should be mandatory for small self-administered pension schemes to have a professional trustee to avoid potential devastating tax charges, a provider has said.
Almost two in five consumers do not know what an annuity is, according to research from adviser website Unbiased.
Hargreaves Lansdown has said it expects to introduce its new pricing model for funds in "early 2014" as it reported pre-tax profits of £195.2m, a jump of 28%.