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Falmouth in Cornwall may be the town with the smallest average pension pot in the UK at just £15,026, according to a new study.

As many as 630,000 self-employed people in the UK could be relying upon their business to act as their pension rather than saving, research has suggested.

Talbot and Muir has acquired the Sipp and SSAS administration business of Attivo Group, for an undisclosed amount.

The latest FOS complaints data has shown Sipps had a higher complaint uphold rate than any other financial product.

A Financial Planner has called for the new Chancellor Phillip Hammond to bring in a 30% flat rate for pensions tax relief - but opinions among experts are mixed as to whether this is the right move.

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