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The cross-party Health and Social Care Committee has described pension tax rules a “national scandal” in a new report.

The Financial Services Compensation Scheme has declared two advice firms in default with over 88 pension transfer claims between them.

A new survey warns that many Baby Boomers - those aged 58-75 bracket - are being forced into early retirement and would prefer to retire later - past 70 in many cases.

Four in ten decumulation products bought in 2021 were purchased without professional advice, according to product sales data from the Financial Conduct Authority.

A group of MPs have called for an auto-enrolment mechanism to be introduced for self-employed to get more saving into pensions.

A pair who masqueraded as advisers to defraud pension savers of £20m have been jailed.

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