Three things we learned this week

Pension savers projected income drops £2,750 in a year The average pension saver has lost £2,750 a year from their future income in retirement over the last year, research finds. The Alexander Forbes National Pension Index - which tracks projected retirement income benchmarked at the year 2000 - fell from 67.4 to 58.9 in the 12 months to March. This drop equates to a loss of £2,750 a year compared with last year and £13,000 compared with the turn of the millennium. To read more click HERE FSA probes SIPP firm as directors arrested for fraud The Financial Services Authority (...