A fifth of over 50s rely on DB pensions to provide almost half of their retirement income but the numbers are set to fall, according to Standard Life’s Retirement Income Almanac.

South West-based accountancy firm Albert Goodman has appointed Matthew Potter as Financial Planning consultant.

Wealth and investment manager Quilter has introduced some changes to its platform, including a new pension top-up service which will let clients make lump sum top-ups into an existing collective retirement account.

The FCA has set out its business plan for 2024/25, promising to continue to focus on preventing serious harm to consumers, setting higher standards and promoting competition.

Wealth manager and Financial Planning firm Saltus has appointed former Hiscox chief executive Bronek Masojada as chairman to support the firm’s growth agenda.

Fintech and adviser support services firm Fintel, owner of SimplyBiz and Defaqto, has reported a 0.3% rise in revenue to £56.6m for the year ending in December, compared to £56.4m in 2022.

Brooks Macdonald senior director Stewart Sanderson has been appointed chief executive of Irwin Mitchell’s Financial Planning business IM Asset Management Limited.

The FCA has provisionally fined Nailesh Teraiya, formerly sole controller and chief executive of Indigo Global Partners Limited (Indigo), £5.95m and has provisionally banned him from carrying out any regulated activity after finding him guilty of making fake trades.

Former Tees Wealth head of investment management Kieran Follis has teamed up with platform P1 Investment Services to launch boutique DFM investment management firm Magellan Research & Investment.

Convicted money launderer and ex-solicitor Dale Robert Walker, 64, has satisfied a confiscation order after a member of his family paid £33,500 outstanding from £716,719 he was ordered to repay due to his criminal activities relating to an investment scheme.