The Pensions Regulator plans to change its guidance on decumulation and says it also wants to see fewer but larger DC pension schemes to provide the best outcomes for pension savers.

Only 35% of pension savers are confident about making retirement decisions, a new report suggests.

Four out of five people aged 55 or over are charting their own path to retirement and turning their backs on guidance and advice, according to new research.

Almost half of older workers are unaware that their pension has a choice of investment funds to choose from or even what their pension fund is invested in.