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A common governance body for pension transfers is needed to overcome the problems that currently exist, as the industry is “doing spectacularly badly”.
The chairman of the Association of Member Directed Pension Schemes will step down tomorrow.
The Lifetime ISA appears to be “aiming to muscle out pensions”, a savings expert says, after new details were revealed.

A bright blue double decker bus driven has begun a six day tour of the UK today espousing the benefits of saving for retirement.

A new tool has been created to trace lost pensions.
An Australian-based Financial Planning technology platform provider has bought an English Sipp provider.
About one out of five people are still failing to save anything at all towards their retirement, a report has suggested.
There is no hiding place for businesses failing to meet the new capital adequacy rules, a Sipp firm managing director says.
The new capital adequacy rules took effect this week but Sipp experts say there are still grey areas that could be problematic.
Sipps specialist Claire Trott is leaving Talbot and Muir, the company revealed this morning.
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