Key regulators and the government-backed advice body The Money and Pensions Service (MAPS)have today urged savers to keep calm and avoid panicky pension changes.

The director of a company acting as a trustee for 16 pension schemes has received a £10,000 court fine for failing to hand information to The Pensions Regulator.

The former head of a charity for the disabled has been handed a 5 year jail sentence for cheating the charity’s pension scheme out of more than £250,000.

The Pensions Regulator is to shake up some rules on pension trustees to improve protection for pensions savers, it announced today.