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A proposed £500 allowance to enable people to use their pension savings to pay for advice would be shunned by nearly two thirds of over 50s.

A director of a Sipp provider will travel day and night to complete a 100km trek this weekend as she helps a children’s charity – despite getting injured in training.

Sipp provider Curtis Banks Group has completed its acquisition of Suffolk Life Group and its subsidiaries, it was announced this morning.

The Financial Ombudsman’s annual review published today has revealed a significant increase in complaints about personal pension plans, particularly SSAS and Sipps.

A pension consultancy firm says it has found signs of potential scam activity in 11% of pension transfer requests.

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