A report has found workers in some parts of the UK face working the best part of a decade longer than others to be able to afford to retire.Read the full story ›
Some people planning to retire in 2016 said they cannot afford to stop working because of financial reasons, a survey finds.Read the full story ›
The basic state pension will rise to £119.30 a week from April 2016, the Treasury confirmed.Read the full story ›
Fraudsters are bombarding older people with cold calls and emails offering bogus pension opportunities, Citizens Advice has said.Read the full story ›
Pension reforms affecting more than 300,000 people a year come into effect from today - giving savers more freedom with their money.Read the full story ›
Research has found that the majority of people approaching retirement say they have not yet been contacted by their pension provider.Read the full story ›
An investigation has been launched into claims that the details of millions of people's pension pots have been sold to fraudsters and cold-calling firms.
Pensioners' salaries, the value of the investments and the size of their pensions are being sold for as little as 5p without their consent, the Daily Mail reported.
Steve Eckersley, the head of enforcement at the Information Commissioner's Office (ICO), the privacy watchdog, described the claims as "very worrying" and announced an immediate investigation.
The Daily Mail claimed one of its undercover reporters were sold pension pot details for 15,000 people without any checks being made on who they were and what they wanted the data for.
"The worst case scenario here is this information getting into the wrong hands and being used to target individuals at a critical point in their financial lives," Eckersley said.
The claims come just a week before reforms giving Britons the chance to access their full retirement pots come into force.
Up to £140 billion of savings could be released when over 55-year-olds are allowed to cash in their pension pots from April 6th.Read the full story ›