The financial ombudsman has rejected a complaint from an investor over HSBC's £9,000 commission for setting up his Sipp.

Sipp provider Xafinity has announced it has frozen its fees for the coming year after advisers told the firm some companies were 'abusing' their ability to make increases.

Nearly eight out of ten adults back auto-enrolment and believe it is a good policy, a survey has suggested.

The gap between the best and worst annuity rates is widening, according to new analysis.

A pension provider has warned that the new capital adequacy requirements, while not as punitive as feared, will still lead to consolidation in the sector.