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The average withdrawal per person from pensions since the freedoms were launched has fallen to under £10,000.
The Treasury must avoid putting shackles on the new Pensions Advice Allowance that could deter younger savers engaging with their retirement planning, a pensions firm says.
A new Pensions Bill published yesterday spells the death knell for badly run Master Trusts, an analyst says.
The Sipps sector will shrink significantly and could reduce to as few as 30 ‘strong’ providers, professionals have predicted.
The former Pensions Minister has attacked the Government's decision to abandon a “potential lifesaver” for thousands of people.