More than half (56 per cent) of self-employed UK adults, around 2.4 million people, are unaware of the fees they are paying on their pensions, InvestEngine has found, prompting calls for greater transparency and awareness on the impact of these fees

The UK’s professional trustee market is entering a new phase of maturity, with growth slowing but concentration intensifying, according to LCP’s fifth annual 'Sole Mates' survey, which found that four firms now oversee 80 per cent of the £1.1trn of defined benefit (DB) assets

The Pension Protection Fund (PPF) has said it is “confident” that there is a “very low likelihood” it will need to reintroduce the levy if the Pension Schemes Bill passes in its current form

There has been a significant increase in the amount of money being withdrawn from pensions, with a particular "surge" seen in those accessing large pension pots, the latest Retirement Income Market Data from the Financial Conduct Authority (FCA) has revealed

Inflation held at 3.8 per cent in August, figures from the Office for National Statistics (ONS) showed, with experts warning it could climb to 4 per cent in September - the key month, alongside earnings growth, used to set next year’s state pension rise under the triple lock

The Pensions Ombudsman (TPO) has ruled in favour of the trustees in a case concerning a pension transfer made before the 2021 transfer regulations came into effect, confirming that they were not obliged to carry out checks beyond the statutory requirements