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Suffering poverty in retirement is a major concern for nearly two thirds of the population, research suggests.
Advisers want a re-think in how pension scheme death benefits are taxed, a sipp provider has said.
Soon to be retirees should be given a voucher to provide their free, impartial retirement guidance, as pledged by the Government, a pensions firm has proposed.
AJ Bell has recruited a technical consultant from Hornbuckle Mitchell with specialist experience in producing guidance notes on all aspects of Sipps and SSAS.
Act now or risk failure is the message to the Government today from two major organisations, which say there is a "unnerving lack of detail" still about the guidance guarantee on pensions.
The number of people saving adequately for retirement is the highest it has been since 2009 – standing at 53% - Scottish Widows has said.
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