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The latest rise in inflation is a “hammer blow” for retirees and leaves UK households with an annual £20.2bn shortfall to maintain the standard of living, Retirement Advantage claims.

A pensions company is bidding to take some of its rivals' market share in the Sipp market through revamping its website with a sharper focus on cost transparency.

An ombudsman has ruled in favour of a widow who complained about a pensions firm, ordering it to pay nearly £80,000 in lump sum death benefits.

The Pensions Regulator has begun a name and shame operation to show which companies are failing to comply with auto-enrolment.

Average retirement incomes have hit a near three year high, a report said today.

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