According to the Office for National Statistics, 11 per cent of private sector workers who have a pension are in a generous final salary scheme. This compares to 92 per cent in the public sector.

Anyone aged 47 or under must plan ahead if they want to retire earlier than 57, or will need cash for other purposes like paying off mortgages, home renovations or university fees for their children.

The Government's move means most doctors will no longer be hit by tax bills due to the hated 'taper' - but it shunned widespread calls to abolish the complicated pension tax rule altogether.

Barry O'Dwyer, chief exec of insurer Royal London, said the catastrophic rout caused by the coronavirus could mean some people nearing retirement age no longer have enough money left to live off.

We explain how you can mitigate the fallout from reducing or ending pension contributions for a time. Don't panic, stay vigilant against scams, and keep paying in if you can afford it.

Younger savers will have decades to recoup pension losses, but those close to retirement have tough decisions to make.

The number of families claiming child benefit has plunged by 44,000 to 7.28m over a year, and has fallen by well over half a million since 2012.

Savers who are under financial pressure or have lost jobs should beware scammers tempting them to tap pension pots early or switch them into higher risk investments.

Tom Selby, a senior analyst at financial services firm AJ Bell, explains how first-timers and experienced investors can avoid unnecessary losses and big tax bills

The guarantee should be abandoned to ensure the economic recovery from the coronavirus crisis is fair to working-age households, says the Social Market Foundation.

Many savers have ditched these generous guaranteed pensions in recent years, often tempted by huge transfer value offers. We reveal six things you must consider if you're tempted.

We explain how pensions are treated while people are furloughed, including what happens if you are in your employer's 'salary sacrifice' scheme.

Former Pensions Minister Steve is This is Money's Agony Uncle. Here's where you can check out all his previous columns to see if any involve issues affecting you.

Any saver expressing interest in ditching a final salary pension is to be warned off in a letter telling them it's unlikely to be in their best interests.

President Donald Trump announced he'll sign his ban on immigrants on Wednesday and then pivoted to brag about the effectiveness of his border wall in keeping the country 'tight.'

Arcadia will halt the £2m monthly contributions which were agreed with The Pensions Regulator last summer to reduce a shortfall in the pension scheme.

A probe is now under way into the failure, which went unnoticed for more than a decade until discovered by our pensions columnist Steve Webb and This is Money.

We tend to put ambitious targets on our hoped-for income in retirement and then underestimate how much we will need to set aside to achieve that. So how much should you save?

What happens to my pension if the insurance company has serious financial problems or goes bump? Our agony uncle Steve Webb explains what happens to pensions that are bought out by insurers.

It is still unclear how errors were made in so many cases. And our new cases reveal a scandalous level of incompetence by the DWP when people approach it for help on their own.

Married women who retired on small state pensions before April 2016 should get an uplift to 60 per cent of their husband's payments once he reaches retirement age too.

RAF veteran Alan Fowler, 72, (pictured with his wife Lynda) has an annuity from Legal & General paying a pittance but it refused his pleas for a lump sum.

It's a bitter irony that the women contacting us about this are 70 and above, the age group most tragically afflicted and threatened by the coronovirus.

I have just started a new job and joined the company pension plan. I'd like to take a more active role but I don't know how to find out what I can and can't do and where I should go from there.

I'm 27 and hold a stocks and shares Lifetime Isa with Nutmeg, and haven't even considered whether there are legalities around what age I can take my private pension, which I haven't needed to consider

In our latest Money Diaries, we speak to a 33 year-old woman from the South West, who is a teacher with significant savings - but still wants to be more financially prepared for the future.

Police were called to Nathaniel Suggitt's house in Pontefract, West Yorkshire, where they found his body with multiple stab wounds on Saturday.

The FTSE 100 index rose 156.75 points to 6115.25, closing above the 6000 mark for the first time since early March, despite data showing the US economy shrank 4.8 per cent in the first quarter.

Last year Shell was the most generous dividend payer in the UK, handing pension funds and investors £11.6bn.That amounted to 15.5 per cent of all payments made by FTSE 100 firms.

Savers want to prioritise responsible investing for retirement, but 'default' funds - which staff are automatically opted into - are not yet reflecting this, according to the report by pensions consultant LCP.

Whilst I fully understand the risk of my investments, I was not aware I could lose the pension if the platform company failed. Is this really the case? What are the dangers investors need to know about?

We explain the challenges of staying invested during retirement, and offer a checklist on what to do in a market meltdown.

Following the closure of millions of businesses due to the coronavirus, many firms are looking to do all they can to hang on to cash reserves to help them through the difficult time ahead.

The tax-free allowance for pensions will be cut from £1.5million to £1.25million over a lifetime and from £50,000 to £40,000 annually - raising an extra £1billion.

A 'triple lock' commitment was made in 2010, when the state pension rises were controversially switched from the retail prices index (RPI) to CPI, which has historically risen at a slower pace.

Chancellors can never resist the opportunity to fiddle with pension rules. George Osborne has joined the club, pushed by the determination of the LibDems to be nasty to rich people.

George Osborne yesterday announced he was cutting the tax-free amount an individual can put into their pension each year from £50,000 to £40,000.

The changes will come into force in 2014/15 and are expected to bring thousands more well-off savers into tax on their pension contributions, generating an extra £1 billion in tax by 2016/17.

Adele Collinson, pictured, owns an arts and crafts busines and worries the new cap on tax-free pension contributions will hit her retirement plans.

Anyone currently in their 40s or younger would be affected by the move, which will see the state pension age rise as the average person lives longer.

Chancellor George Osborne has announced that pensioners will get the chance to boost their incomes in a six month window between October 2015 and April 2016.

With this year's statement imminent, pension experts are pleading for a grace period for an industry that has undergone wide-ranging regulatory changes in recent years.

The age at which people can claim their state pension will rise to 68 in the mid-2030s, 69 in the late-2040s and future rises will be linked to life expectancy.

Annuities which come with death benefits can be passed to loved ones tax-free if you die aged under 75, the Chancellor announced in the Autumn statement.

Three major changes to pension saving are on the horizon, which will hit those helping to build a healthy fund for retirement. Now, the Chancellor faces calls to reverse a planned tax grab

Chancellor George Osborne has confirmed the basic state pension will rise by £3.35 to £119.30 a week from April, while the starting rate for the new single-tier version will be £155.65.

Philip Hammond told MPs he would be compiling a major report into the impact that state spending on pensioners has on the health and social care of an ageing population.

The 71 year-old was told by the travel insurance firm that he would not be able to claim the money back as he had not informed it straight away of pending eye surgery.

I'm lucky to live at home with my parents so this is why I just need to earn around £100 a week to pay the bills I need to per month. But should I earn more to get in the system for the state pension?

I have multiple pension pots. I am 52 and plan to retire at 55, in summer 2022. I am in receipt of a Royal Air Force pension and along with that I have four other pensions.