Annuity rates have climbed again meaning a 65-year-old with a £100,000 pension pot should be able to buy an annuity income of up to £7,144 per year, up from £7,027 two weeks ago and an increase of 20% on the same period last year.

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Wealth manager and Financial Planner Evelyn Partners has appointed former international rugby player Craig Dowsett as a Financial Planning director at its London office.

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Nearly 1 in 2 women over 50 say running out of money during retirement is one of their biggest financial concerns, compared to only 1 in 3 men of the same age.

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National IFA Continuum has expanded its team in Wiltshire with the hiring of Chartered Financial Planner Stephen Hall.

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Recruitment firm BWD has launched a mergers and acquisitions service - BWD M&A - aimed at finance advice businesses.

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Wealth manager and platform Quilter says the ‘stronger nudge’ towards pensions guidance, introduced a year ago, has so far produced “lacklustre” results and needs to be beefed up.

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Odey Asset Management is to be effectively partially dismantled and its funds and staff moved to other managers following concerns about the company over a reported FCA investigation.

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Legal & General group has appointed António Simões as its new group CEO to replace Sir Nigel Wilson who is retiring.

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Aberdeenshire-based Acumen Financial Planning has expanded in West Scotland with a new office in Glasgow.

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The Treasury Committee, the influential Commons committee of MPs, has written to FCA chief executive Nikhil Rathi to raise questions on the regulator’s reported investigation into Odey Asset Management.

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