Inaccurate national insurance records have led to state pensioners missing out on £470m due to them, according to new data published by the Department for Work and Pensions.

Average assets per member of defined contribution pensions have fallen by 66% since the beginning of 2012, according to new data from The Pension Regulator.

Fewer people are cutting pension or SIPP contributions as the cost-of-living crisis eases, according to new data.

Hargreaves Lansdown has posted a record £150bn assets under administration and said the number of net new clients climbed 48% to 1,858,000 active clients in the three months to the end of March.