LCP has called on the Chancellor to improve the current system of tax breaks for financial advice.

Pension transfer advice is under threat and may become scarce without action by regulators and pension schemes, according to new research. 

Over 325,000 people have successfully applied for protection against breaching the Lifetime Allowance, according to a Freedom of Information response.

Around 4m savers under the age of 40 could be losing out on investment returns because they think a medium risk pension will produce the strongest returns for their pension.