HMRC has said that it intends to issue a second set of regulations changing the legislation governing the lifetime allowance abolition.

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).

More than £50bn in pensions are at risk of being lost as workers change jobs more often and lose track of their pensions, according to new research from the Centre for Economics and Business Research.

A fifth of over 50s rely on DB pensions to provide almost half of their retirement income but the numbers are set to fall, according to Standard Life’s Retirement Income Almanac.