An expert has expressed scepticism over whether a planned rise in auto-enrolment contributions will actually take place in April next year.

Experts have reacted to concerns in an FCA report, which warned those who choose to take pensions drawdown without advice risk financial “harm”.

Bosses who have jeopardised defined benefit pension schemes could be fined retrospectively, Secretary of State Esther McVey has announced.

The government will review proposals to make guidance for people at retirement mandatory, a move suggested by the Work and Pensions Select Committee recently.