The Prudential has written to 39,000 customers saying it valued their pensions incorrectly.

Consumer demand for pensions has grown by a third since August 2010, research says.

The proposed changes to pension input periods (PIPs) are "appallingly drafted" and will lead to further confusion over pension tax, experts have warned.

SIPP and wrap providers who do not currently pay VAT on fees for their services could find they are actually liable, warns Malcolm Small, policy director at the Tax Incentivised Savings Association (TISA).

The value of Just Retirement's new annuity business grew by £29.3m to £378.6m in the six months to 31 December 2010.

NEST Corp has announced F&C Asset Management will run its ethical fund.

IFAonline lists who has moved where in another busy week in financial services.

SIPPs have lost 'millions of pounds' as a result of the collapse of Keydata, providers say, as the scale of the deficits slowly come to light.

Clients due FSCS compensation after investing in Keydata via their SIPP should beware unforeseen tax charges when they receive payment, providers warn.

HSBC chairman Douglas Flint has warned major UK banks are bringing forward potential plans to relocate overseas due to uncertainty over the future regulatory structure of the financial sector.