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Legal & General, owner of Sipp provider Suffolk Life, has seen pre-tax profit increase by 13 per cent to £592m in the first half of 2013.

UK corporate pension deficits increased by £50 billion to £629 billion in July, according to Sipp provider Xafinity's corporate pension deficits tracker.

AXA Wealth is expected to enhance its Sipp offering later this year after posting strong results for the first half of 2013 today.

Sipp provider AJ Bell has partnered with Lancashire County Cricket Club in the run-up to the third Ashes Test Match.

Former Skandia marketing director Nick Dixon has been appointed as investment director at Aegon UK.

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