Savers with workplace pension schemes are significantly less likely to understand or engage with their pensions compared to their counterparts with personal pensions, according to new research.

Major SIPP and SSAS firm Rowanmoor Personal Pensions Limited (RPPL) has gone into administration today.

The FCA has launched a probe into possible ‘harm’ to consumers in the non-workplace pensions market.

The Financial Ombudsman’s annual review has revealed a significant increase in complaints about personal pension plans.