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Analysis of Government figures by pension and investment firm Aegon has found there are 840,000 retired couples in the UK who have a weekly income which would cost more than £1.15m if bought as an annuity.
Four parking scheme firms, investments in which were sold through SIPPs providers, have slumped into administration.
Mattioli Woods group managing director Murray Smith is to stand down, the firm has revealed today.
XPS Pensions Group has revealed pension changes could lead to a £260bn accounting gap.
IFA Defaqto has released an updated version of its annual guide to pensions drawdown, in conjunction with Prudential.
Three major fund managers have pumped £39.4m into the retirement and SIPP provider Embark Group to help fund growth and acquisitions.
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