Over half of non-retirees (56%) are worried that they are failing to save enough for retirement.

The Pensions and Lifetime Savings Association (PLSA) has called for a new regulatory framework to help DC pension savers with the decisions they face when entering decumulation.

The Pensions and Lifetime Savings Association - the trade body that represents 1,300 pension schemes with 20m members - has joined the chorus of concern about the Government’s potential axing of the Retail Prices Index (RPI), the measure used to decide many annual pension increases.

The industry is split on its response to the FCA’s ban announced today on most contingent charging on DB pension transfer advice.