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A fifth of pension scheme members are considering cutting or halting their contributions to help them meet the cost of living crisis, according to a new survey by the PLSA.

Average annuity rates have a hit a 14-year high and have increased by 52% in the past nine months, according to new data.

Harlequin chairman David Ames, the man behind a £226m SIPP-based fraud which hit 8,000 victims, was today jailed at Southwark Crown Court for 12 years.

SIPP provider Curtis Banks is waiving its fee on in-specie commercial property transfers into its Your Future SIPP for the rest of the year.

Almost nine in ten (86%) early retirees between 50 and 54 would consider a return to work as the cost-of-living crisis continues to hit their finances.

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