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Britons are "sleep walking into a tax trap" with widespread ignorance about what the lifetime allowance is, a study has found.

A new senior manager has been signed up to head up pensions administration at Sipp and SSAS business City Trustees.

Owners of small and medium sized businesses worried about heavy fines for missing auto-enrolment deadlines have been reassured they still have enough time.

Sales of annuities fell by 16% last year, newly released figures from the Association of British Insurers have shown.

Nearly three quarters of those looking for an annuity lack the confidence to arrange one without the help of an adviser, research shows, as a major review of the sector moves into its next phase.

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