More than six million Brits over-50 look set to retire on less than minimum wage, according to financial services provider LV.

Prudential's Class of 2012 research has highlighted a lack of long-term planning when it comes to coping with ill-health in retirement, says Prudential.

Independent financial advisers are the most trusted source of advice for millionaires, according to a survey by Skandia.

The Financial Services Authority has published new guidance today which may mean advisers will be less able to recommend a pension transfer.