The number of defined contribution pension transfers in 2023 soared by 22% to 1.2m despite predictions of a decline in the market.

The latest Finance Bill released in November gave us the first look at the transitional rules for those that have taken some pension benefits under the current regime but also have untouched funds that will be accessed after 6 April.

Too many Financial Planners are relying on averages for their retirement income planning process, according to DFM Hymans Robertson Investment Services.

The FCA has issued a warning notice to a pension adviser it has branded “reckless” after they gave unsuitable advice to customers to transfer out of their DB scheme over a four year period.

SIPP and SIPP drawdown investors added more diverse assets to their portfolios, including equity income and corporate bonds, in December according to Hargreaves Lansdown figures.

Pension scheme surpluses have started the new year on a high despite increases in their liability, according to estimates from XPS Pensions Group.