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Pensioners have higher incomes on average than the rest of the population for the first time, the Institute for Fiscal Studies has reported.

The proportion of Sipp complaints upheld by the Financial Ombudsman Service has fallen to below half in the last quarter – despite a rise in new cases compared to last year.

A financial advice firm has launched a white labelled full Sipp through Talbot and Muir after becoming "increasingly disenchanted" with mainstream Sipp operators.

Alan Sugar’s former Apprentice adviser says the image of the pensioner as an old person crossing the road has been confined to a thing of the past - as a survey unveiled many over 55s looking to become later-life entrepreneurs.

Standard Life has detailed plans to introduce “greater automation” to its Sipp drawdown process.

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