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The liquidation of Carillion, one of the UK's largest construction companies, should set off “alarm bells” for pension savers, says the chief executive of wealth manager deVere.

SIPP provider Curtis Banks's annual trading update for the year ending December showed with an increase in total SIPP numbers of 8,798 to 76,474.

The Government Actuary is suggesting a 5% rise in National Insurance by 2032 to prevent a deficit in the National Insurance Fund used to pay out state pensions, a possibility based on the latest Government Actuary Department projections.

Pension transfers into SIPPs dominated the pension transfer market in 2017, latest industry figures show.

Seven Investment Management is to launch a series of regional adviser roadshows entitled: 'The Retirement Challenge', visiting 12 locations throughout the UK in January and February.

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