L&G

The Pensions Ombudsman (PO) has dismissed complaints against Legal and General (L&G) and Scottish Widows after they granted transfer requests worth over £50,000 to a suspicious pension scheme.

The chief executive of UK platform giant Cofunds has admitted the business "should be generating more profit" despite an 83% increase in its 2014 pre-tax result, which reversed a multi-year downward trend.

Kevin Carr's verdicts on five recent developments

A former Legal & General (L&G) adviser faces jail after being found guilty of stealing nearly half a million pounds from an elderly couple.

Legal & General is to close its with-profits fund to new business after interest waned post-RDR.

...the investment calls on the cards for Q1

..the UK. With an election looming and a weaker sterling, how attractive are home grown investments?

...bonds. With yields nearing negative territory, are bonds 'uninvestable'?

..equities. Are they really attractive, or just the only game in town?

...Europe. What lies ahead as deflation, elections and QE loom large?