A third of the workforce (33%) at the Financial Conduct Authority were from an ethnic minority in 2023-24, according to new employment data from the regulator.

Richard Oldfield has been appointed as group chief executive of investment manager Schroders from 8 November.

An estimated 340,000 more pensioners will pay income tax on their State Pension next year due to the Triple Lock pushing up the State Pension above inflation.

Investment and wealth manager Abrdn has picked Jason Windsor, currently interim group chief executive, as its new £800,000 a year group CEO.

The FCA has given firms four more months time to comply with its new Sustainability Disclosure Requirements' regime and new investment label rules.

Reluctance to diversify and move savings is causing many savers to miss out on better rates, according to a new report for UK Savings Week.

The FCA says standards of regulatory practice among appointed representatives (ARs) are improving but there is “more to do.”

Standard Life has launched a new blended income/maturity value, retirement-focused product designed to help early retirees bridge the gap between scaling back work and the State Pension.

The government-backed Money and Pensions Service (MAPS) has today launched Pension Wise Digital, a digital version of its face to face service, to expand its free guidance offering to more people.

The FCA has banned four financial advisers, three provisionally, over “reckless” pension transfer advice which has so far cost £13.4m in compensation payments.