In 2022/23 the Financial Ombudsman Service received 21,918 fraud and scam complaints, a rise of almost a fifth compared to the 18,450 reported in 2021/22.

Over-55s have continued saving into their pensions despite the temptation to cut back in the face of rising living costs, according to a new report.

Financial adviser Denis Lee Morgan has been banned by the FCA from advising on pension transfers and opt outs following British Steel Pension Scheme advice failings.

The FCA has shared 10 questions for firms to consider ahead of its new Consumer Duty which comes into force on 31 July.

Adviser platform James Hay has partnered with Origo to launch a Unipass Letter of Authority service.

One in three (35%) Britons expect to face hardship in retirement, according to a new report.

Less than a third (28%) of over-50s would buy an annuity or consider buying one, according to new research by the FSCS.

Rising gilt yields and falling inflation expectations have pushed the typical value of a DB pension transfer to its lowest level in seven years.

Wealth manager Titan Wealth has acquired investment research and consultancy firm Square Mile for an undisclosed sum, subject to regulatory approval.

Wealth manager St James’s Place is offering virtual work experience to 500 young people with a three-day taster for those interested in a career in financial services.