The Pension Schemes Bill currently going through Parliament could allow ministers to force pension funds to invest in “high risk assets,” former Pensions Minister Baroness Ros Altmann has warned.

Net flows rose 6% for Aviva’s wealth division to £10.9bn in 2025, according to the firm’s annual results.

AJ Bell, the platform and SIPP provider, has urged the FCA to think again about proposed changes to pension transfers which would see more ‘friction’ added to non-advised transfers.

Workplace pension scheme Nest has launched a campaign to show pension savers how their savings are being invested in local projects.

Freedom of Information data has revealed that 61% of higher-rate taxpayers and 48% of additional-rate self-employed taxpayers are failing to contribute to a pension.

Saving and investing platform Moneybox has unveiled three new low cost, branded pension funds in partnership with European investment manager Amundi.

Adviser platform Aberdeen Adviser has published a new technical guide designed to help Financial Planners and advisers navigate the growing complexity of pension consolidation and its impact on client outcomes.

Only 42% of people have a clear understanding of what their retirement options are, leaving them at risk of sleepwalking into bad decisions, new research has warned.

The figure, compiled by Hargreaves Lansdown, increases slightly to 45% of the over-55s, but still points to a lack of understanding even among the older people.

The firm said the lack of understanding leaves people at risk of making decisions they can’t unwind, potentially running out of money or incurring unnecessary tax bills.

Hargreaves pointed out that the upcoming targeted support reforms will be hugely helpful in guiding people to understand what is right for them. It added that those able to access financial advice will be supported through their decisions.

Helen Morrissey, head of retirement analysis at Hargreaves Lansdown, said: “Those who have access to a financial adviser will have valuable support navigating the processes in the run up to, and through, retirement.”

She pointed out that advisers and Financial Planners will talk clients through issues such as attitude to risk, the impact of long-term inflation on purchasing power, how to take an income and whether flexibility or certainty is more important, or a combination of both.”

She added that the targeted support reforms coming in from April will be good news for those without access to a financial adviser. “These will enable providers to really step up the support they can offer to their customers by being able to offer options based on what might work for 'people like them.' Such reforms have the potential to be a real gamechanger for people navigating the complex retirement landscape.”

• The survey of 1,500 people was conducted by Opinium on behalf of Hargreaves Lansdown in October 2025.

The majority of UK workers reckon a strong pension is more important than flexible working, bonuses, healthcare and lifestyle perks when joining a new company.

Women are retiring with far smaller pension pots due to structural inequalities, a new report has found.

Financial Planners are rethinking their strategies on pensions and wealth transfer as the imposition of IHT on unused pensions from April next year looms closer.

Treasury plans to restrict salary sacrifice to £2,000 a year will push up costs for employers and employees and mean less saving in pensions, the Society of Pension Professionals (SPP) - which represents 15,000 pension advisers - has warned.

Former Pensions Minister Guy Opperman has join pension admin firm Aptia as a strategic adviser.

Higher earners are missing out on hundreds of millions of pounds in unclaimed pension tax relief each year, according to digital pension provider Penfold.

Generation X people - who are mostly aged between 44 and 59 - are the least positive age group about their finances for 2026 compared to Millennials and Gen Z.

Regulators are to require DC pension schemes to publish "clear data" on their performance in a colour-coded format under proposals announced today by the FCA, the Department for Work and Pensions (DWP) and The Pensions Regulator (TPR).

A planned £2,000 Treasury cap on annual salary sacrifice contributions will cut pension investing, according to industry pensions body Pensions UK. 

Almost a third (30%) of people now say they would increase their pension contributions if they undertook a pension review.

Former Pensions Minister Sir Steve Webb, a partner at retirement consultancy lcopLCP, has warned that axing or significantly diluting the pensions Tripe Lock would mean an additional 10m pension savers will face an “inadequate” pension.

An estimated 3.3m people using salary sacrifice to boost their pensions are set to be hit by the Budget cap on the process, according to new government data.