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Western Pension Solutions (WPS), the specialist pensions consultancy working with family businesses, has appointed former KPMG pensions expert Jon Sharp as a new director.

The Pensions and Lifetime Savings Association, the 1,300-member pension scheme trade association, has urged the government to speed up the implementation of its ban on pensions cold calling.

An IFA who used his clients' Sipp pension investments to fund his “lavish lifestyle” has been imprisoned for six years this week.

People retiring today are having to cope with a 46% drop in their pension income compared to the money they could have expected before the credit crunch.

Growth in Sipps business this year following a charges overhaul has helped boost figures for wrap platform Ascentric, part of Royal London group.

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