A former pension scheme trustee has been given a 10-month jail term, suspended for 12 months, after admitting using scheme funds to make five prohibited loans to entities connected to the scheme’s sponsoring employer.

Increasing numbers of over-50s are turning to self-employment to help boost their retirement savings, according to new figures.

Britons have lost out on £1.13bn of tax relief in the five years to 2020/21, according to Hargreaves Lansdown.

A major new study has found that a quarter of people (24%) are in the dark about the age they will receive their State Pension - including 10% of those aged 55 to 64.

The Spring Budget 2024 will take place on 6 March, the Treasury confirmed today.