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Rowanmoor Group has decided to reduce investment approval service timescales for its SSAS and Family Pension Trust schemes.

People who have recently taken a tax-free lump sum from their defined contribution pension will get 18 months rather than six months to decide what they wish to do with the rest of their retirement savings.

The National Employment Savings Trust said it has achieved an important milestone after reaching over one million members.

Key advisers in the Sipp and SSAS market have strong concerns over providers hiking their fees, according to research.

A retirement planning study has found that more than eight out of 10 people underestimated how long they were likely to live after giving up work.

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