Firms must inform consumers how much they could gain from shopping around and switching provider before they buy an annuity, under new rules which take effect today.

Nearly half the pension savers who have used pension freedoms to access their pension pot fear running out of cash in retirement, according to new research.

A new report has revealed that pension fund performance weakened during the second quarter of 2017.

The Financial Conduct Authority has identified a number of pension areas where ‘intervention’ may be necessary following the introduction of the pension freedoms in April 2015.