Workers believe the tax treatment of pensions is too complex and would welcome switching to a system that treats pensions like ISAs, according to research from PwC.
A BlackRock defined contribution (DC) saver has used pensions freedom to cash in a £300,000 pot despite warnings he would be hit by the 45% additional tax rate.
Fraudsters targeting pension pots in the wake of freedom and choice reforms are increasingly linking their efforts to investment scams such as fine wines and overseas property, Citizens Advice has warned.
eValue Investment Solutions has launched a pensions freedom planning tool which aims to simplify the complex decision-making process faced by over 55s looking to access retirement income.
Is an ex-banker now the most influential person in pensions?
Provider LV= has bought a majority stake in robo-advice operation Wealth Wizards.
The government's consultation on pension exit fees will not cover market value reductions (MVA) and other investment deductions that are common triggers of perceived high charges.
The government has outlined three options to cap ‘excessive' pension scheme early exit fees.
Pensions minister Ros Altmann has confirmed the government's wide-ranging pension consultation will consider scrapping "regressive" tax breaks for higher earners amid warnings changes could "disincentivise retirement saving".