The Pensions Dashboards Programme, the government-backed body that will oversee the launch of pensions dashboards for pension savers, has selected three pilot commercial providers to help with testing and development.

Industry pension experts have expressed concern about new FCA retirement income data revealing that more than 40% of pension savers are withdrawing from their pension pot at an annual rate of 8% or more.

The Financial Services Compensation Scheme reported today that it has so far received 1,018 claims from former members of the British Steel Pension Scheme (BSPS).

New red and amber warnings on risky pension transfers come into force today following a Department for Work and Pensions initiative.