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Royal Bank of Scotland (RBS) has been ordered by the Isle of Man regulator to pay compensation to the family of a man following a mis-selling investigation.

Retirement Planner's round-up of the top pension stories this week.

Pensions minister Steve Webb has revealed the government will consult this year on how to create a "third option" for pensions beyond defined benefit (DB) and defined contribution (DC) structures.

IFAs have welcomed Scottish Widows' plan to re-enter the IFA annuity market as a move they said will boost competition in the sector.

The way annuities are sold is costing hundreds of thousands of retirees as much as £1bn in future pension income, a report by the National Association of Pension Funds (NAPF) claims.

In this week's Retirement Planner quick fire poll we ask: Do you think employers are interested in using low cost pensions such as NEST as part of their pension provision post auto-enrolment?

Retirement Planner's round-up of the week's top pension stories.

Questions have been raised over pension provider Rockingham Group Plc, after a first strike-off notice from Companies House was posted in January.

Fixed term annuity (FTA) provider Living Time will relaunch as Primetime Retirement in Q1 this year.

The Department for Work and Pensions (DWP) is disbanding an overseas team of pensions officers in Bangladesh, Pakistan, India and Yemen.