Around 4m savers under the age of 40 could be losing out on investment returns because they think a medium risk pension will produce the strongest returns for their pension.

Average earnings data published this morning by the Office for National Statistics (ONS) has highlighted the difficult decision faced by the Chancellor this autumn when deciding on State Pension rates for April 2022.

A director of a Nottingham-based call centre has been banned from running a business for 8 years due to running an unregistered pension scheme.

Prime Minister Boris Johnson and Chancellor Rishi Sunak have written an open letter calling on UK pension schemes and institutional investors to deliver an ‘investment big bang’ to power the UK economy back to health.