Pension providers must give pension savers a “stronger nudge” to get pension guidance when they decide to access their pension savings from June, the FCA confirmed today.

Just over one in three financial advisers (34%) say clients want more emotional support - in addition to financial advice - post the pandemic.

Wealth manager and Financial Planner Kingswood has completed the acquisition of two financial advisers, increasing its number of active clients in the UK to nearly 16,000.

The Financial Services Compensation Scheme reported today that it has so far received 1,018 claims from former members of the British Steel Pension Scheme (BSPS).

The FCA is planning to increase its minimum fee for firms from £1,151 to £2,200, it announced today.

Financial Planner and wealth manager Tilney Smith & Williamson is continuing to expand its Exeter office with the appointment of Neil Sparkes as a Financial Planner. 

New red and amber warnings on risky pension transfers come into force today following a Department for Work and Pensions initiative.

The FCA will cap fees for Claims Management Firms at £10,000 from 1 March, it confirmed today.

An ambassador for Gambia has been ordered to pay more than £80,000 after being found guilty of withholding information from The Pensions Regulator (TPR). 

The Government has confirmed that the basic State Pension will rise by 3.1% from April to £141.85 with the full state Pension increasing to £185.15.