Pension transfer specialist Tideway has claimed that UK workers could collectively be up to £25bn out of pocket if they are persuaded not to take advantage of final salary transfer offers by negative publicity on DB transfers.

A new policy paper from Royal London predicts ‘safety first’ policies on pensions in the manifestos of the major political parties.

New figures published today by HMRC show that a total of £30bn has been withdrawn ‘flexibly’ from pensions, taking advantage of the new ‘pension freedoms’ introduced in 2015.  

Forty million UK adults are “rolling the dice” when it comes to their retirement, admitting that they either have not or did not set savings targets for their retirement.