Pensions

One in eight people aged over 50 has been approached by fraudsters offering early access to their pension pot, according to research from Fidelity Worldwide Investment.

The current 55% tax duty payable when pension funds are passed on after death is set to be axed under this government, George Osborne has announced.

The fallout for victims of pension scams will be greater than expected due to under reporting, according to the Pensions Advisory Service (TPAS).

In this week's Retirement Planner news round-up we highlight five key stories you might have missed over the past seven days.

In this week's quick-fire Retirement Planner poll we ask: Should pensions wake-up packs be replaced with a 'pensions passport'?

Labour should reverse the pension freedoms announced in the Budget 2014 if it wins the general election in May, a leftist think-tank has said.

Legal and General Investment Management (LGIM) has launched a multi-asset flexible drawdown product in a bid to help fill the void created by the Budget freedoms.

The government should pay for the guidance guarantee's first year of operation instead of charging the industry through a levy, according to MGM Advantage.

Wake-up packs for people approaching retirement should be scrapped in favour of a simple pensions passport to help make it easier to shop around, Hargreaves Lansdown has said.

Pensions campaigner Ros Altmann is leading calls for a ban on automatic annuity purchases.