Pensions

The well-off are receiving tax breaks on pension contributions worth on average 20 times those of ordinary workers, according to reports.

Symponia, a membership body which provides information around managing care fees, is to launch four sister companies offering a wider range of services.

Legal & General (L&G) has reported increased pension assets of £429m in the third quarter as a result of auto-enrolment.

Rowanmoor Group has reported its largest yearly increase in scheme take-up in its six years of trading.

Square One Financial Planning has developed a service to advise clients on their options around long-term care funding.

There are significant "flaws" in the use of risk profiling tools which could lead to accusations of mis-selling, according to a financial software provider.

Fewer pension scheme members will be offered the chance to transfer out following the introduction of a voluntary code of conduct and changes in how members are advised, law firm Osborne Clarke has said.

Pension savers who do not take advice are more likely to lack retirement planning knowledge and be £200 a month worse off, according to research.

Terry Smith has criticised Nick Clegg's "brain dead" idea to allow parents to use their pension to help their children on the "over-priced" property ladder.

Aviva has launched its auto-enrolment solution to help employers manager their on-going pension responsibilities.