Around three million people in the UK are pinning their hopes for a comfortable retirement on a later-life lottery win, according to the National Association of Pension Funds (NAPF).
Most workers will choose not to opt out of auto-enrolment when it comes into force from 2012, an Aviva report suggests.
The Treasury will not allow the Department for Work and Pensions (DWP) to alter the proposals for raising the state pension age (SPA), a pensions lawyer said.
Singapore-based qualifying recognised overseas pension scheme (QROPS) trustee Equity Trust has lost its latest hearing in a high court, leaving investors open to a potential 50% tax charge.
Pensions minister Steve Webb will meet with industry representatives and the Pensions Regulator (TPR) today to urge a crackdown on pension transfer incentives.
Ministers are considering a revolt against what Liberal Democrats have termed "deeply unfair" increases in the state pension age for women.
Michael Johnson has reignited calls for limiting pensions tax relief, saying the annual £29bn saved by the Treasury from tax relief could increase the state pension by 60%.
Prudential has paid an IFA for advice needed by a customer who received a correction payment on their Scottish Amicable pension, after IFAonline highlighted the case.
The government this week passed legislation which officially ended contracting out of defined contribution (DC) pension schemes from April 2012.
The DWP has launched one last consultation on auto-enrolment before the pensions bill becomes law.