Pensions

Royal London has announced annual bonuses for 2012 and final bonuses for 2013 for with-profits policies in the Royal London Long Term Fund and in the closed Scottish Life Fund.

The government is ‘woefully underprepared' for the impact a rapidly ageing population will have on society and public services, a Lords Committee has warned.

The National Association of Pension Funds (NAPF) and Wheels Common Investment Fund (WCIF) have lost their bid to recoup £2bn in backdated VAT on investment management services for defined benefit pension schemes.

FIVE THINGS

Tens of thousands of pensioners and people approaching retirement have been sold worthless ‘trust' schemes that promised to protect their home if they went into care.

The government's £75,000 long-term care (LTC) cap is too complicated and "discriminates against self-funders", according to one adviser from charity Independent Age.

Royal London's pensions arm, Scottish Life, has added six additional funds to its core investment fund range.

In this week's quick fire poll we ask: Are you acting to maximise 'carry forward' for clients?

Barclays' workplace savings division has linked with Aegon and Zurich to provide occupational pensions.

The Pensions Regulator (TPR) is investigating 21 pensions liberation cases, after the amount of money transferred through the scams doubled to £400m last year.