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.

For Financial Planners, working with clients over many years and helping them plan towards a better, more secure and comfortable life in retirement must be one of the most rewarding aspects of the job.

More than half of workers (54%) are in the dark about the size of their pension pots, according to a major survey by pensions industry trade body the PLSA.