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Over a million people have become financially responsible for both younger and older family members, according to a study.

The taxman has rubbished a report stating that many retirees will be "clobbered" with a 45% tax next April.

Britain is "sleepwalking towards an impoverished retirement" due to a major shortfall in retirement savings, a firm behind a year long study has warned.

The Citizens Advice Bureau has replaced the Money Advice Service as one of the two partners to deliver the pensions guidance guarantee.

The increasing number of adult children living with their mum and dad could be sapping their parents' savings and affecting their plans for retirement, a think tank has warned.

An independent retirement savings commission should be created to put the long term interests of savers at the heart of pensions policy, according to The National Association of Pension Funds.

The link between the auto enrolment earnings trigger and income tax could be axed next year.

Government plans to raise the retirement age by up to six months per year are "flawed" but should be a "wake up call," says the head of a global financial advisory organisation.

Retirees in parts of England face being £120 or more short of what they need every week, a report has found, with residents in Greater London, the south west and east of England most unprepared financially for life after work.

The Government should cough up the costs of the new retirement guidance service for the first year, a pensions firm believes.

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