Standard Life is to invest £30m into its wrap platform which is widely used by Financial Planners.

Nearly £1.08 billion has now been paid out to Equitable Life policyholders through the Equitable Life Payment Scheme.

Platform and Sipp operator AJ Bell is warning that the distinction between financial advice and other information or guidance services has become blurred and this is having two dangerous consequences.

One in five employers in the finance sector are judging interviewees on what they find on social media, says a new report.

FCA acting chief executive Tracey McDermott has urged an end to what she calls an “adversial” approach to regulation.

Xafinity Sipp & SSAS says it has recorded twice as many “second hand” property Sipps being transferred from other Sipp providers into their Sipp contract.

Equiniti research has found that an increasing number of people say their biggest financial challenges is fear of not being able to afford to retire.

The most rapid increases in life expectancy at birth over the last two decades were in London (7 years), the North East (6 years) and the North West (5.8 years), according to new data from the Office for National Statistics.

Advisers expect the number of couples and families seeking joint advice on retirement planning will increase as a result of the recent pension freedoms, according to research by Prudential.

ABI data released today shows that £4.7bn has been withdrawn under the new pension freedoms but surprisingly annuity sales have risen for the first time in three years.