An organisation which represents schemes providing pensions for over 17 million people has labelled the new options for retirees arising from the Budget reforms as "baffling".

There was a 46% rise in the number of complaints about Sipps made to The Pensions Advisory Service in the last year.

A ruling against a Sipp operator which sparked fears of a precedent being set and a rise in claims will be reviewed by The Financial Ombudsman Service.

Total assets of the world's largest 300 pension funds grew by over 6% in 2013 to reach a new high of almost US$15 trillion, freshly released figures showed today.

A new directory of regulated financial advisers aimed at helping retirees following the pensions and annuities revolution has been given the green light.

Barnett Waddingham has purchased Harsant Pensions for an undisclosed figure, in a deal which will see the firm add more than 400 Sipp and 70 SSAS clients to its existing book of business.

More people would find it easier to explain the existence of ghosts and detail the offside rule than would be able to describe annuities and pensions.

A move by the Government designed to boost savers' pension funds by cutting down on 'excessive' charges may hit companies' incomes by £1bn – five times more than previously suggested.

Nearly eight out of ten adults back auto-enrolment and believe it is a good policy, a survey has suggested.

The gap between the best and worst annuity rates is widening, according to new analysis.