Life company pension funds from Scottish Equitable and Scottish Life are among those which have consistently failed to beat inflation over the past decade, despite holding £14bn in savings, according to Hargreaves Lansdown research.
Peter Hargreaves and Stephen Lansdown are now amongst the UK's 100 wealthiest people, according to the Sunday Times Rich List 2011.
Hargreaves Lansdown Asset Management has withdrawn an advertisement on Google for its VCT brokerage service following a complaint to the Advertising Standards Authority (ASA).
The pension industry has welcomed the Treasury's rejection of early access to pensions and supports reform of trivial commutation.
Hargreaves Lansdown gathered a record £1.16bn of net new assets during a quarter which saw it enter the FTSE 100 for the first time.
The proposed changes to pension input periods (PIPs) are "appallingly drafted" and will lead to further confusion over pension tax, experts have warned.
Tomorrow marks the start of the tax year, and it also marks the day a number of pieces of pensions legislation come into force.
Hargreaves Lansdown is to join the FTSE 100 index, reflecting the continued growth of the wealth manager in recent years.
Joanna Faith asks advisers for their top global emerging markets fund picks.
Final salary pension scheme members could see a 4% cut in benefits after the BoE used miscalculated inflation rates for more than a decade, experts say.