Poor knowledge of the system of lasting powers of attorney (LPA) has left many pensioners seeking long-term care facing delays and other problems, solicitors say.

Standard Life has increased the number of discretionary investment managers available via its SIPP from ten to 22.

Aviva has added £1.45bn in bonuses to its with-profits policies after its main With-Profit fund grew 12% over 2010.

Pension providers have expressed concern about the effectiveness of recent FSA proposals to make SIPPs more transparent.

The timing of the government's review of defined contribution (DC) pension regulation could cause 'widespread confusion' for employers, warns shadow pensions minister Rachel Reeves.

Pension providers may have to disclose whether or not they receive commission or interest on cash accounts held in their SIPPs, according to an FSA consultation paper launched today.

The FTSE has broken through 6,000 this morning, following a strong performance from the US with the Dow Jones soaring to a two year high.

Labour MPs yesterday accused the coalition government of 'short changing' the armed forces by indexing their pensions to CPI rather than RPI.

Pension funds, life offices and equity managers have welcomed BP's reinstatement of dividends after a nine month drought, despite payouts being half pre-spill levels.

The government should increase the state pension age at a greater rate to help boost the economy, a think tanks says.