SIPP savers have been warned to be wary of small platform fees and unclaimed tax relief after new analysis suggested a higher-rate taxpayer could be up to £138,948 worse off because of fees and taxes.

Less than a third of members of the auto enrolment Nest Pension scheme are paying into their retirement pots, according to new data released under an FOI request.

Net sales rose by 35% over the first quarter from £5.6bn to £7.4bn at the end of the quarter, according to new data.

Nearly three million workers are at risk of losing out when paying extra into their workplace pensions by receiving no additional employer contributions but being hit with fees.