A decade on from George Osborne’s ‘Pension Freedoms’ Budget bombshell announcement in 2014, the latest HMRC data showed that £70bn of retirement cash has since been accessed flexibly by British savers.

More than four out of 10 pension savers (44%) reckon they will retire before their current state retirement age even though only half (54%) have a financial plan in place, new research suggests.

Some 16% of defined contribution pension schemes with under £100m in assets scrutinised by The Pensions Regulator (TPR) has opted to wind up after a pilot into the effectiveness of its new rules on value for members.

Northerners are more financially savvy than their Southern counterparts, according to a new study from Octopus Money.