After years of sharp growth in participation during the roll-out of auto enrolment, workplace pension growth has stalled, according to new data from the Department for Work and Pensions.

>>>In his new monthly column for SIPPs Professional, Barnett Waddingham SIPP expert James Jones-Tinsley looks at the difficult pensions road ahead for the Chancellor. 

Pensions could become more like a bank account into which different employers have to pay, under a shake-up expected in the Autumn Statement.

Average annuity rates climbed to 7.25% for a 65-year-old in September, up from 7.11% in June, according to the Standard Life Annuity Rate Tracker.

XPS Pensions Group has completed the £42.5m sale of XPS Pensions (Nexus) Limited, principal employer and scheme funder of the National Pensions Trust (NPT), to SEI.