The move will be seen as a political blow to pension minister Steve Webb.

ShareAction says savers have no legal right to know where their money is invested.

The government also says it wants to increase transparency in the sector.

The Independent claims nine companies using the quoted Eurobond exemption.

Kate Payne says the auto-enrolment rules will have to be relaxed at some point.

Preparing for ones retirement is quite challenging. Too many providers to choose from and too many packages and plans that you can avail of but, when you start asking questions - such as which one is suitable for you, how much is it, or how is their company performing - most often than not, they hand you a brochure or discuss the plans in abbreviated jargon.

Shares in Costain were up on the FTSE All Share in morning trading after the construction group reported a rise in pre-tax profit in the full year ended 31 December 2010.