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A portfolio of 140 Sipp and SSAS schemes with total funds under trusteeship of £83m has been sold for just £1.

Plans to introduce additional protection to pension holders ahead of the reforms kicking in in April have been outlined today by the FCA in a letter to chief executives of providers.

Annuity rates have plunged since the summer, a study has shown.

Financial advisers and intermediaries could see a surge in demand for help with auto enrolment in the next year, as research found three quarters of small and micro employers looking for support.

A former international cricket captain will manage Sipp investment portfolios as part of his new role at a Financial Planning firm.

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