A pensions firm director fears the Government may be underestimating the complexity and costs attached to a new a flat rate of tax relief, amid reports this morning that such a change will be announced imminently.

The chance for professionals working in and around the advice sector to comment on a major review examining the so-called advice gap ends next week.

Consumers using the Pension Wise service will be given more than one appointment in future, the Government said this morning.

Changes to the timing of auto-enrolment announced today by the Chancellor will result in a £820m tax bonus for the Treasury, a retirement expert has estimated.