Two fraudsters convicted of a £37m VAT swindle, one of the UK’s largest, have been forced to hand over £685,000 in pension funds.

More than £26bn in pension pots is ‘missing’ because savers have lost track of their retirement pots, according to new analysis.

The FSCS, the government-backed financial safety net scheme, has published a series of case studies to warn consumers about the potential risks of consolidating pensions into one plan.

The number of newly-opened complaints about decumulation and pensions in the first half of 2023 was up 20% year on year, according to new data from the FCA.