Investment

Self-employed workers are missing out on up to £91,512 over their working lives because they do not receive employer contributions through a company pension scheme.

In this week's quick fire poll we ask: Should the pensions market move towards offering fewer, large scale products to employers?

Retirement Planner's round-up of the top pension stories this week.

Pensions minister Steve Webb has confirmed that an update for the defined ambition (DA) project will be published in the summer.

Industry figures could not agree on whether the pensions market should move towards offering fewer, large scale products to employers.

One worker in five is putting nothing aside for retirement, a report warns. A further third of Britons are not saving enough to avoid a dramatic fall in living standards in old age.

Wealthy older people will see their winter fuel payments cut if Labour wins the next general election, Ed Balls is due to say later today.

The number of people saving adequately for retirement has hit an all-time low, while aspirations for pension income have risen, a Scottish Widows report has found.

The average British adult has said they need £25,783.87 net per year to maintain a comfortable standard of living in retirement, according to a report.

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