The Glasgow-based pensions provider @SIPP has removed the set-up fee on its Solo SIPP for five months.

Half (49%) of current retirees entered retirement without any clear financial plan, according to a new report.

The Financial Services Compensation Scheme has so far paid out just over £9.7m on 234 successful claims against failed firm Portal Financial Services LLP, formerly Portafina LLP (FRN 501272).

The Department for Education has today confirmed an increase of 5 percentage points to the employer contribution rate of the Teachers' Pension Scheme (TPS) with schools' contributions set to rise from 23.6% to 28.6%.

Savers with workplace pension schemes are significantly less likely to understand or engage with their pensions compared to their counterparts with personal pensions, according to new research.