More than one in four people (27%) say they have never heard of pension tax relief amid widespread pension ignorance which may be holding back retirement saving.

New research has revealed that 33% of people who retired earlier than they expected did so due to ill health.

Royal London has launched its Investment Pathways to help non-advised customers move some or all of their pensions into income drawdown. 

Nearly 1 in 3 financial advisers believe that the FCA’s new ‘Investment Pathways’ pension reforms - which come into effect today - will cut demand for retirement advice although some expect a boost to advice demand.