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A pensions expert believes an idea floated by Pensions Minister Steve Webb for the resale of existing annuity contracts will never work.

A pensions firm which has recently warned about that retirees face a major financial shortfall has welcomed research finding a healthy attitude among 18-24 year olds towards savings.

Criminals are getting ready to pounce on unsuspecting savers when the new retirement reforms take effect, a pensions expert has warned.

Politicians have been urged to make one key New Year's resolution – to refrain from fiddling further with pension rules.

Retirement wealth planning firm James Hay has laid out plans to introduce greater flexibility for clients as the pension reforms kick in next April.

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