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.
Sipp provider Hornbuckle Mitchell has sold a 60.34 per cent stake in the business to two private investors.
The Financial Conduct Authority (FCA) has banned Kevin Wells, the managing director of Montpelier Pension Administration Services Limited (MPAS), from performing any significant influence function at any regulated firm, and also censured him.
Pension specialist London & Colonial has expressed concern that some advisers may continue to promote questionable esoteric and overseas property developments.
Xafinity, a specialist in pensions and employee benefits, has reported with sales of Sipps rising by 46 per cent, and SSASs up 27 per cent in 2012.
Dentons Pension Management has acquired RSM Tenon's bespoke Sipp arm Tenon Pension Trustees Limited for an undisclosed sum.