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The scale of ignorance about pensions among young people has been revealed by a Sipp firm.

The FCA will strengthen its proposals on the pensions guidance service to protect consumers in light of industry concerns and following fears raised in Parliament over another mis-selling scandal.

Retirees will become "guinea pigs" threatened by the "real possibility of another mis-selling scandal" when the pension reforms come in next April, an MP has claimed.

A retirement planning expert has called on the Government to avoid making further changes to pensions at next week's Autumn Statement.

A Treasury U-turn on the pension reforms has been hailed by a Sipps firm as "a victory for common sense".

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