A finance firm's chief executive believes the Budget reforms have genuinely unlocked customers' interest in their pensions for the first time and expects to see a rejuvenation in people seeking broader retirement advice.

Aviva has reported a 41% fall in annuities sales for the first half of 2014 following the Budget reforms.

An extra £1 million prize will be up for grabs in the Premium Bonds prize draw from the end of this week, arising from the Budget reforms.

The inclusion of The Money Advice Service as a key player in delivering the pensions guidance guarantee has been criticised by the chairman of an influential group of MPs.