Pensions

A ban on "cowboy" cold-callers who target savers' pension pots will be proposed by the Government this week – though the ban won't initially cover texts and emails.

A parliamentary petition calling for an end to cold callers selling pensions and investments has been backed by almost 3,000 people so far - and MoneySavingExpert.com founder Martin Lewis has urged as many people to sign it as possible.

Plans to allow retired savers to sell their retirement annuities have been shelved by the Government.

The Money Advice Service (MAS) and two existing pension advice services will be merged into a single new Government-backed financial guidance body, which will provide free advice on a range of money matters including pensions and managing debt.

Women battling against increases in the state pension age won't succeed in forcing a compromise, the new pensions minister has vowed - but campaigners say they're determined to fight on.

Up to 200,000 people are putting their state pension in jeopardy by not claiming carer's credit – a benefit that plugs gaps in your national insurance record when you're not able to work because you're caring for someone.

The amount charged to people who want to withdraw or transfer money from their pension early could be capped at 1% from 31 March 2017, if plans to do away with hefty exit charges are given the go-ahead.

Complaints about payday loans and packaged bank accounts have skyrocketed over the last year, but not by enough to knock PPI off its perch as the most complained about financial product.