Individuals who want to top up their state pension income have until 5 April 2017 to make an application.
Industry bodies have reacted to the proposed changes to the money purchase annual allowance.
Pensioner households have on average £20 more a week than working households.
Older savers are calling for ISAs to be simplified.
Starting your retirement plan? Savers will be able to withdraw up to £1,500 from their pension pot tax-free to pay for financial advice from April 2017.
"Jonathan has looked after my personal accounts and that of one of my businesses for many years, and I will continue to use him indefinitely."
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