The poorest 50% contributed just 6% of the total pension savings made by 50-64-year-olds in the UK between 2006 and 2008, figures show.
Employers are lagging behind government policy on auto-enrolment into workplace pensions and it will be difficult to enforce their compliance, experts warn.
Pensions provider AJ Bell has added an ISA and a dealing account to its Sippdeal platform, and will now offer an annual fund rebate of up to 0.5% across all three accounts.
The Prudential's correction payments for investors with Scottish Amicable pensions will create additional costs for IFAs and clients, an adviser warns.
The pension industry has welcomed the Treasury's rejection of early access to pensions and supports reform of trivial commutation.
National IFA Positive Solutions has overhauled its pension switching guidelines for its 1,300 partner advisers following FSA guidance and recent regulatory action against at least 22 firms.
The Treasury has rejected early access to pensions as a means of closing the retirement savings gap.
Six public sector organisations have applied for a High Court judicial review of the government's decision to link increases in public sector pensions to the consumer prices index (CPI).
Advisers must ensure clients are not caught out by little-known flexible drawdown rules this year, SIPP provider Talbot and Muir warns.
Poor inheritance tax planning is expected to cost British taxpayers £1.3bn this year, research suggests.