Industry called on to provide feedback on what schemes must do to become authorised
Quarter of single pensioners dependent on state
More than a quarter of workers are keen to save but say they are financially unable to put money away on a regular basis, research has suggested.
A "radical rethink" is underway in the annuity market following the sweeping Budget changes but concerns over fund depletion remain, according to Equinity Paymaster.
Non-advised annuity sales do not effectively service people with smaller pension pots, according to the majority of annuity experts in the marketplace.