Moving to a flat-rate single tier state pension will take the risk out of advising people on whether it pays to save for retirement, MPs heard.
Stewart Dick looks at some of the factors contributing to a rise in use of flexible drawdown.
The Department for Work and Pensions has promised a better working relationship between the Pensions Regulator (TPR) and the Financial Services Authority (FSA) and said joint thematic reviews are planned.
Retirement Planner's round-up of the top pension stories this week.
Pensions minister Steve Webb has confirmed the details of the coalition's overhaul of the basic state pension.
A group of 14 insurers have signed up to a code of conduct on charge disclosure drawn up by the Association of British Insurers (ABI).
David Cameron and Nick Clegg will reaffirm their commitment to reforming the state pension in a mid-term review of the coalition's progress.
The Department for Work and Pensions (DWP) will not legislate on ‘micro pot' refunds, despite industry warnings that pension schemes will be forced to administer thousands of tiny pots.
High earners will be about £1,000 a year worse off following the government's planned state pension reforms, the pensions minister has admitted.
Retirement Planner's round-up of the top pension stories this week.