The number of women shopping around for a better income from their pension pot is falling, according to figures from one national pension-focused IFA.

New research from the Association of Investment Companies into the UK Equity Income investment company sector has found that the investments - recently questioned by some - can provide long term value for income-seeking investors in retirement who also want to build up a lump sum to potentially pass on.

Retirement income for pensioners in 2018 has seen a significant rise this year, according to the latest research by Prudential.

The Pensions and Lifetime Savings Association is reminding stakeholders that the deadline for responding to its Hitting The Target consultation is 12 January.