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More than 40 pension and annuity experts say more information on flexible pensions must be delivered online and through other forms of guidance such as via the telephone and face-to-face.

Pensioners have higher incomes on average than the rest of the population for the first time, the Institute for Fiscal Studies has reported.

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The proportion of Sipp complaints upheld by the Financial Ombudsman Service has fallen to below half in the last quarter – despite a rise in new cases compared to last year.

A financial advice firm has launched a white labelled full Sipp through Talbot and Muir after becoming "increasingly disenchanted" with mainstream Sipp operators.

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