Plans to make the unused pension pots of people who die before the minimum pension age subject to inheritance tax, have been termed ‘unfair’ by SSAS provider the WBR Group.

Amid fears this week about Chancellor Rachel Reeves raiding pensions to plug tax gaps, there was better news on the State Pension for women.

Simpler pension transfers took an average of just 10.8 days to complete as the industry moved out of the busy tax year end period and into early summer.

New figures published by HMRC reveal that the total number of claims for overpaid tax on pension withdrawals has soared above half a million to 502,000 - resulting in a total of almost £1.5bn reclaimed since the introduction of Pension Freedoms in 2015.

Back in 2002 Donald Rumsfeld, US Secretary of Defence, coined a phrase which has been repeated a million times since but I’m increasingly wondering whether it could be applied to UK pensions and ultimately financial advice (or rather lack of it).

Four in 10 people say they are worried about upcoming changes to pensions and inheritance tax.

Six people have been charged over a pension fund and SIPP fraud which involved £75m being invested into storage units in the North of England and Scotland.

A quarter, 24%, of people have little to no idea about how much they and their employers are paying into their pension.

SIPP operator Corporate & Professional Pensions Ltd (FRN: 465748) has been declared in default by the Financial Services Compensation Scheme.

The Government is reviving the Pensions Commission to look at ways to tackle the problem of people not saving for their retirement.

The Chartered Institute for Securities & Investment (CISI) has launched a new initiative this week to campaign to turn the UK’s pension capital into a "powerful engine of sustainable growth" 

SIPP savers are facing a ‘retirement mirage’ as their confidence about achieving a comfortable retirement outpaces their understanding of how they will achieve it.

The influential Pensions and Lifetime Savings Association (PLSA) has been relaunched as Pensions UK and is planning what it calls, “an ambitious new strategy for the next decade and beyond.”

The pension sector has been warned that it needs to accurately define adequacy targets to ensure people avoid under-saving for their retirement.

More Generation Z workers aged 18-24 claim to be knowledgeable about pensions than other generations, but new research reveals they have little understanding of retirement savings.

Simpler pension transfers took an average of just 11 days to complete in the lead up to the end of the 2024/25 tax year.

More than 1.5m UK workers say they cannot afford to save into a pension.

Two in five UK workers (43%) are unaware how much they are contributing to their workplace pensions.

A fifth, 20%, of people don’t know what type of pension they have, despite more than half, 53%, of Brits claiming to be knowledgable about pensions.

Three quarters (76%), of over-50s believe that appetite for risk is an important factor when deciding what to do with their pension pot, according to new research.