Pensions could yet prove to be a decisive issue in the upcoming election with nearly nine in ten working people (88%) wanting whichever party wins the election to do more to help people save for retirement, according to new research.

Higher inflation data for non-retired households released today by the Office for National Statistics could put pressure on the pensions Triple Lock pledge, according to consultancy Broadstone.

SIPP operator Intelligent Money Ltd (FRN: 219473) has entered administration following an upheld complaint regarding some of the investments it allowed within its SIPPs.

The Society of Pension Professionals (SPP) has urged HMRC to exempt pension professionals from any new tax standards regime.

Pension experts have criticised the Conservatives' pledge to raise the tax-free pension allowance via a ‘Triple Lock Plus’ if they win the general election.

The Financial Conduct Authority has warned clients of failed SIPP firm Hartley Pensions to be wary of scams or fraudsters as administrators of the collapsed provider begin to send out information about the transfer out process.