The FCA has told Professional Indemnity insurers that they must support its British Steel Pension Scheme (BSPS) redress scheme and avoid “unreasonable barriers” to compensation.

Two thirds (65%) of Financial Planning clients say that investment volatility is one of their main current concerns, according to new research.

The Financial Conduct Authority has updated its Handbook - its definitive list of rules and guidance - to include a section on the forthcoming Pensions Dashboards.

The Financial Services Compensation Scheme has declared Scottish-based Financial Planning firm EQ Financial Planning Limited in default.

The Financial Conduct Authority said today that its expects more than 1,000 British Steel Pension Scheme (BSPS) members hit by poor pension transfer advice to start receiving redress calculations in 2023.

The first two participants have joined a new adviser academy being launched by a hybrid legal and Financial Planning firm.

Two former trustees of a company pension scheme have been given suspended sentences for making illegal loans of £236,000.

SIPP and SSAS provider Curtis Banks confirmed today that it was in “advanced discussions” about a possible offer being made for the business by platform provider Nucleus.

The FCA has taken the rare step of issuing a warning about communications from a troubled firm, SIPP and SSAS provider Hartley Pensions.

The prospect of personalised financial guidance has moved a step closer after Harriet Baldwin MP, chair of the influential Treasury Committee, has tabled a motion in the Commons to allow the controversial move.