Two thirds (66%) of adults retiring in 2021 risk running out of money in retirement, according to a new study.

Nearly £2m has already been lost to pension fraud this year with the true cost likely to be much higher as victims often do not realise they have been scammed for several years.

STM Group, the international financial services provider which owns Carey Pensions, has delayed its 2020 results following discussions with its auditors after the recent shock Adams v Carey court judgment.

DB pension transfer values recovered in March after dipping in February, according to the monthly XPS Transfer Watch.