Two in three UK adults aged 45-65 view the government as doing “terribly” in its attempts to make using Pension Wise the norm for pension guidance, according to new research.

More than 1,000 pension savers were hit every working day in 2020 by the Money Purchase Annual Allowance (MPAA), according to new analysis.

HUB Financial Solutions, the advice arm of retirement specialists Just Group, has unveiled an automated retirement advice service called Destination Retirement which will charge an initial fee of £299.

Three in five (59%) of 45 to 54-year-olds said they are confused by their choices at retirement, according to new research.