The Government will abandon its Triple Lock on pensions for one year, effectively reducing it to a double lock, to avert an increase in the State Pension of up to 8%.

The Prime Minister has announced rises to dividend and share tax and a rise in National Insurance from April 2022 to address the funding crisis in the health and social care system.

Digital IFA disruptor Fintuity has appointed a new chief operating officer and expanded its IFA team by 60% as it prepares for the launch of its virtual adviser proposition.

Over 325,000 people have successfully applied for protection against breaching the Lifetime Allowance, according to a Freedom of Information response.

Charles Randell, chair of the Financial Conduct Authority (FCA), has warned regulated businesses of the dangers of dabbling in digital tokens such as cryptocurrency.

Over 15m (78%) non-retired, married people have no idea about the value of their spouse’s pensions, according to a new report.

Wealth manager and Financial Planner Tavistock Investments has posted a £1.23m profit for the year ending 31 March, in contrast to the £5.5m loss the previous year.

David Ferguson, CEO and founder of adviser platform Nucleus, is to step down from the company following its takeover by rival James Hay.

As school students return to school, the Personal Finance Society has restarted its ‘My Personal Finance Skills’ programme which saw 18,000 students learn money skills over the past academic year.

Two major fund managers, Fidelity and Janus Henderson, have today separately launched mutual funds designed to help tackle climate change.