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Alan Sugar’s former Apprentice adviser says the image of the pensioner as an old person crossing the road has been confined to a thing of the past - as a survey unveiled many over 55s looking to become later-life entrepreneurs.

Standard Life has detailed plans to introduce “greater automation” to its Sipp drawdown process.

A radical overhaul of the pensions and savings system should include the creation of ‘an ISA warehouse’, a Centre for Policy Studies analyst has proposed.

Losses due to pension scams were close to £2,500,000 from July to August, police figures have indicated.

A Sipps and SSAS firm has decided to scrap all member “transfer out” fees for UK based schemes.

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