Sales of new individual income protection policies rose 16% year-on-year to hit 247,000 in 2023, according to new figures from insurance and investment provider trade body the ABI.

Adviser support network SimplyBiz is to offer free access to Defaqto’s Engage Financial Planning system to all its members.

Investment manager Titan Private Wealth has appointed Matt Beddall as joint CEO alongside existing CEO Mark Puleikis.

CPI inflation, the main measure of inflation, dropped sharply in February to 3.4% from 4% in January, ONS said today.

The Financial Conduct Authority has today written to the chief executives of financial advice firms asking them to review their retirement income advice processes. 

More than £50bn in pensions are at risk of being lost as workers change jobs more often and lose track of their pensions, according to new research from the Centre for Economics and Business Research.

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.