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The income for retired households has grown by 13% since the financial crash of 2008.

Sipp specialists say there is still an appetite and a place for non-standard investments, after James Hay banned them for new customers.

James Hay has revealed it is banning a long list of Non-Standard Investments for new customers.

The Pensions Ombudsman has told a firm it must pay out after a client complained about the “incorrect and inconsistent valuation of his pension fund”.

The industry body representing Sipp and SSAS providers has handed out a trio of Honorary Lifetime Memberships.

Pension transfer values increased by 15% at the end of 2016, figures today showed.

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