Savers continue to face unnecessary delays when transferring their pensions, with the latest data revealing that some transfers are taking more than two months to complete.

The Prudential Regulation Authority (PRA) has today said it proposes to raise the deposit protection limit of the Financial Services Compensation Scheme (FSCS) from £85,000 to £110,000.

From 6 April, the state pension will increase by 4.1%, as calculated by the triple lock, and so above the latest inflation figure of 2.8%.

Industry collaboration fintech Origo’s newly-launched Unipass Transfer Tracking service has seen more than 10,000 pension transfers searched for by advisers since it went live on Monday 3 March.

Wealth manager and Financial Planner Evelyn Partners has completed the sale of its professional services business to funds advised by Apax for an undisclosed amount.

Wealth manager and Financial Planner Brooks Macdonald has completed the process of moving its share listing from AIM to the London Stock Exchange main market.

London-based wealth manager LLP Services Ltd (FRN: 229382) has been declared in default today by the Financial Services Compensation Scheme (FSCS).

The FCA, backed by City of London Police, has arrested four individuals over suspected fraud and money laundering offences.

Developing in-house platform propositions is being rejected by planners as a solution to poor service from platform providers, Financial Planners have told Financial Planning Today magazine, Financial Planning Today's sister publication.

Private equity-backed Quanta Group, the owner of the Wealthtime platform, is to acquire expanding Financial Planning firm Craven Street Wealth.