Retirement

People reaching retirement can expect to see their incomes drop by at least a third, according to a report.

Self-employed workers are missing out on up to £91,512 over their working lives because they do not receive employer contributions through a company pension scheme.

The Equity Release Council is to brief policymakers on improving access to financial advice for older people at the House of Commons today.

In this week's quick fire poll we ask: Should the pensions market move towards offering fewer, large scale products to employers?

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

Pensions minister Steve Webb has confirmed that an update for the defined ambition (DA) project will be published in the summer.

Pensions minister Steve Webb says current at-retirement processes are outdated and asked whether we need to "do decumulation differently."

Industry figures could not agree on whether the pensions market should move towards offering fewer, large scale products to employers.

One worker in five is putting nothing aside for retirement, a report warns. A further third of Britons are not saving enough to avoid a dramatic fall in living standards in old age.

Wealthy older people will see their winter fuel payments cut if Labour wins the next general election, Ed Balls is due to say later today.