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Women are falling behind men in retirement savings by almost £30,000, according to Scottish Widows.

Curtis Banks PLC has announced today that it has acquired the Full SIPP business of Alliance Trust Savings which will result in the transfer of almost 6,000 Sipps worth approximately £2bn in assets under management.

Martin Tilley, head of technical support at Dentons Pensions, has forecast that "a third to a quarter" of Sipp providers could quit the market in the next few years.

Zurich has launched a new Pension Planning tool to allow people to calculate how much they are likely to receive as retirement income.

Hornbuckle Mitchell is calling on Sipp providers to be more transparent with their capital adequacy reserves as advisers focus on the financial stability of their chosen product providers.

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