Thousands of retirees who plan to take advantage of the pension freedoms will be using funds to splash out on holidays of a lifetime, research suggests.
Criminals are getting ready to pounce on unsuspecting savers when the new retirement reforms take effect, a pensions expert has warned.
Retirement wealth planning firm James Hay has laid out plans to introduce greater flexibility for clients as the pension reforms kick in next April.
A pensions consultancy firm has predicted the average retiree is set to live on the poverty line.
A majority of UK employees expect to keep working beyond the age of 65, a new poll shows.
A retirement planning expert has called on the Government to avoid making further changes to pensions at next week's Autumn Statement.
About 20.5 million people may be planning to rely exclusively on a state pension to help fund their retirement, fresh estimates have suggested.
Nearly a third of people in their 40s have no plans at all to fund their retirement and one in ten say they will 'work until they drop'.
Younger women are misjudging the pot they will need to fund their desired income in retirement by more than £400,000.
Nearly a quarter of over 55s would trust professional financial advisers to provide the retirement planning service pledged in the Government's guidance guarantee, a survey suggests.
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