Smaller numbers of clients are looking to pass on savings to loved ones as clients come to terms with the challenges of sustaining retirement savings, according to new research.

Aegon has called on the FCA to make sure that their Consumer Investment Market review does not to burden financial advice firms with increasing FSCS levies or professional indemnity premiums.

If Pension Dashboards are to be successful, they must include all pension savings from day one, Aegon has said.

The annual Pension Awareness Week roadshows have gone virtual, with the launch of a five-day online event to help people with pensions, money and financial wellbeing.