Pension savers could be risking losses of up to £1,400 when they turn their pension pot into retirement income because of annuitisation delays, Virgin Money research suggests.
The Conservative Party has confirmed it will not scrap personal accounts should it win next year's general election.
The industry must not expect "instantaneous results" with regards to the implementation of personal accounts, pensions minister Angela Eagle warns.
The number of whistleblowers' breach of law reports rose to 532 in 2008/9 up from 513 the previous year, according to The Pensions Regulator(TPR).
Britain's over 50s are increasingly struggling to maintain the level of savings needed to fund a comfortable retirement lifestyle, with many pushing back their retirement date, according to the State of Retirement Report.
MW Pensions has been revealed as one of the firms being investigated as part of a £2.5m pension tax fraud.
Product providers and financial advisers will be presented with considerable opportunities from the ‘at-retirement' market in the next five years, Watson Wyatt predicts.
The Government could withdraw tax relief for more than 3 million pensions savers to plug its budget black hole, Skandia says.
Pension law should be changed to give people early access to their tax-free lump to help pay off debt, the Liberal Democrats say.
Living Time has appointed 15 people to its IFA account management team, 13 of whom were former Hartford employees.