Allowing limited early access to pension pots could boost aggregate retirement savings by up to £400bn, a Pensions Policy Institute research report finds.
Large numbers of pension savers do not have a large enough fund to last them past age 85, according to Lincoln Financial Group.
If there was a competition to come up with history's ultimate oxymoron, then we would have to go a long way to beat pensions simplification.
Thousands of women face a major re-think of their retirement plans after a warning many remain in the dark about forthcoming changes to their state pension.
More than 85% of retirees will find it difficult to access professional annuity advice because their pension pots are too small, research suggests.
Poor advice from pension companies, and a lack of knowledge among consumers, is having disastrous consequences for those approaching retirement, according to HFM Columbus.
More than 85% of retirees will find it difficult to access professional annuity advice because their pension pots are too small, research suggests.
Final payouts on Norwich Union with-profits funds could be down up to 15% on last year although regular bonus rates have been held on conventional policies.
Final payouts on Norwich Union with-profits funds could be down up to 15% on last year, although regular bonus rates have been held on conventional policies.
Auto-enrolment into pension schemes is expected to begin in October 2012, the Personal Accounts Delivery Authority (PADA) revealed today.