Reports that Pensions Secretary Esther McVey was planning to kill off the proposed pensions dashboard were branded “a huge let down to millions of savers.”

Experts have slammed today’s recommendations of the Parliamentary Work and Pensions Committee.

In the final report of its inquiry into Pension freedom and choice published today, the Work and Pensions Committee has called for a package of measures to create better informed, more engaged pensions savers, and a “default decumulation pathway” to protect the less engaged.

Royal London has reported “strong” new business and profit growth.