Pensions

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.

Scottish Life has posted record new business results for the 12 months to 31 December, with total life and pensions business valued at £2.4bn.

FIVE THINGS

An overwhelming majority of consumers think investment and pension fees should be subject to a transparency law, according to a survey released today.

IFAs believe those with pension pots of less than £65,000 are unlikely to pay upfront for advice, according to research by Axa.