The Department for Work and Pensions (DWP) has set out its proposals for the design of pensions minister Steve Webb's flagship defined ambition (DA) pension system.
The Financial Services Authority (FSA) plans to increase the minimum capital held by self-invested personal pension (SIPP) providers from £5,000 to £20,000.
Young people in Britain are saving nearly one fifth of their monthly disposable income, which is more than any other age group - but only 12% are using this money to save for retirement, according to research by asset manager BlackRock.
Pensions minister Steve Webb has announced the Department of Work and Pensions will publish its Reinvigorating Pensions report on 22 November.
Annuity experts have warned customers will face more difficulties as they struggle with advice propositions post RDR.
Suffolk Life is to acquire around 1,700 plans from rival Pointon York's self-invested personal pension (SIPP) book.
Retirement Planner's round up of the top pensions stories this week.
In this week's Retirement Planner quick fire poll we ask: Will the Chancellor reduce the annual allowance?