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.

An investigation by an influential group of MPs has commenced into automatic enrolment, taking account of the changed context arising from the Budget reforms.

The new retirement guidance sessions risk being a waste of time unless key information on pension funds is collected before they take place.

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.

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 sales of two types of Sipp offered by AXA Wealth have risen over the last year, the firm has reported.

The total UK 'at retirement' market has been forecast to more than triple in size in the next 10 years, with annuity sales still high despite taking a hit in 2014.