Retirement

Saving £2.50 every working day instead of spending it on a latte could result in an extra £187,000 in your pension pot.

Severe delays and errors have hit the payment scheme set up by government to compensate victims of Equitable Life, a report from the National Audit Office (NAO) has found.

Think tank The Fabian Society recently argued pension tax breaks should be reviewed for wealthier pensioners. Should better-off pensioners pay tax at a similar rate to younger people on comparative incomes?

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

Two in five people retiring this year still provide financial support to their families, according to research from Prudential.

Steve Webb's pot-follows-member pension policy will make it easier for people to manage multiple pension pots but clarification is needed on the role of advice, Aegon has said.

The Pension Income Choice Association (PICA) has appointed The Annuity Exchange to build a new directory of retirement income intermediaries.

The cost of buying a £5,000 retirement income has jumped by 29% since December 2009, according to an Office for National Statistics report.

The "high profile" of Tesco will boost retirees' inclination to shop around for the most appropriate pension income product after the supermarket giant announced it is to launch an annuity comparison service, according to Tom McPhail.

The Department for Work and Pensions has confirmed it will create an ‘automatic transfer' system for small pots of less than £10,000, allowing workers to take their pensions with them from job to job.