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The Government has axed plans for a secondary annuities market over fears about consumer protection in a surprise announcement late this afternoon.

A Financial Planning firm’s MD claims ex-Chancellor George Osborne was “possessed with an inner-Gordon Brown” and called for pension complexities to be scrapped by his successor.

A pensions analyst has branded a major Government report on fairness and affordability of the state pension ‘underwhelming’.

In six months’ time, April 2017, all Sipp providers will need to have changed their illustration systems so that they show the margin they retain on cash holdings, writes Elaine Turtle, director of DP Pensions.

Professional advisers are increasingly being overlooked by the over 50s as they turn to the internet instead for retirement guidance, a new report suggests.

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