Four potential operators of pensions dashboards, Just Group, Legal & General, Moneyhub and Standard Life, have set up a new industry coalition known as the Dashboard Operators Coalition (DOC).

Legal & General said its operating profit for the first half of the year was £941m, boosted by its bulk annuity business.

Rising expenses from the cost-of-living crisis is the main factor driving retirees over 50 back to work, according to new data from the Office for National Statistics.

Former work and pensions committee chairman Frank Field has been recognised for his “lifetime of public service” in the Queen’s New Year Honours list.

A nudge from a pension provider drove three times as many savers to seek guidance during research by the Money and Pensions Service.