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Members of a failed QROPS may be able to avoid the 55% charge on unauthorized payments.

Almost three-quarters of Britons think traditional retirement is no longer a realistic prospect, a survey reveals.

Annuity rates have mostly remained constant over the past month with Aviva still in the top spot, according to the latest figures from Alexander Forbes Annuity Bureau.

The cost of transferring pension risk could rocket if the economy continues to ape Japan's, a partner at Pension Corporation has said.

Groves discusses the problems surrounding the scrapping of the annuity age

Nervous advisers are recommending clients stick with their existing pension arrangements, even where there is good reason to transfer, because of the FSA's "heavy-handed" crackdown on pension switching.

Almost half of working Britons never review their pension plans and 38% of those who do select the default option for their scheme, research suggests.

Just under half of UK employers will level-down their pension schemes in order to meet the cost of auto-enrolment, a survey from the ACA suggests.

Consumers and not pension providers are to blame for the lack of take-up of the Open Market Option (OMO), claims The Annuity Bureau.

On the eve of the closure of the government's review of pension tax relief, experts are calling for the simplification of current proposals.