The average annual income needed for a comfortable retirement is £25,783, according to Towry.
James Hay has seen a 125 per cent rise in new sales in Q1 2013, according to its Q1 results.
Suffolk Life has acquired the Sipps book of Leeds-based wealth management firm Pearson Jones Plc.
London & Colonial believes the RDR will mean advisers need to stop relying on off-the-shelf Sipps.
City Trustees, a subsidiary firm of Mattioli Woods, has acquired the pensions business of Ashcourt Rowan for £1.3m.