The City regulator has been urged to investigate the millions of pounds wiped off the value of our pensions through "unsuitable advice" which pushes savers into pricey plans.
Controversial plans to raise the state pension age for women were waved through by MPs last night after the Government offered to hold talks with critics about how the change would be introduced.
The Government says it intends to press ahead with its timetable to raise the state pension age for women despite the threat of a revolt by Conservative and Liberal Democrat backbenchers.
A generation of Britons are facing a cash-strapped retirement as they refuse to save more in response to the changing pensions landscape, a report indicated today.
Women, carers and the self employed could be among the winners from the huge pension shake-up that could see a £155-a-week flat-rate state pension from 2015 or 2016.