The Money Purchase Annual Allowance (MPAA) poses hidden risk to over 55s who have accessed their pension early due to the Coronavirus pandemic, according to a new report.

There are certain stages in life when Financial Planning advice is vitally important and one of those periods is the years leading up to retirement.

The Information Commissioner's Office has fined Halifax-based marketing company Parkin Beacher Ltd (PBL) £50,000 for making nearly 100,000 illegal marketing cold calls to people about their pensions.

Around 4m savers under the age of 40 could be losing out on investment returns because they think a medium risk pension will produce the strongest returns for their pension.