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Increasing numbers of over-50s are turning to self-employment to help boost their retirement savings, according to new figures.

Less than two-fifths (36%) of the average retirement income before tax is made up by pensions, according to a new report.

The cost of a comfortable retirement has increased by nearly a fifth in the last two years as average spending by retired households climbs to £23,675 a year, new analysis of the latest Government data has shown.

Nearly one in three pension savers (28%) are worried about keeping track of their retirement savings, according to a new report.

SIPP provider iPensions is expanding into the direct-to-consumer pension market with the launch of iSIPP, a digital consolidator for UK and international clients.

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