A report on workplace pensions has found "encouraging" results showing significantly more employees have been saving adequately for retirement since the introduction of auto-enrolment.

A pensions firm's co-founder has predicted chaos if Scots vote for independence and says everyone in the financial services industry is keeping their fingers crossed that it does not happen.

Advisers are deeply concerned at how Government tinkering with pension reform legislation is affecting their ability to help clients, a Sipps firm has reported.

The latest annuity data has suggested customers with smaller pension pots have immediately started to use the new freedoms to take their cash lump sum, according to the ABI.

Scottish independence could make "a mockery" of annuities and cause significant adverse affects for pensioners, an advisory firm fears.