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Plans to allow the resale of existing annuity contracts increase the danger of people getting misled by fraudsters, a Sipp provider has warned.

The Financial Ombudsman Service is forecasting it will have to handle a significant rise in pension complaints in 2015/16.

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.

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

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

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