Only one in ten UK savers would consult an adviser when making important decisions about converting retirement savings into an income, according to a new report.

Investment research company Morningstar has launched a series of blended multi-asset funds via its Morningstar Investment Management Europe arm.

PIMFA has called on the Government and the Financial Conduct Authority (FCA) to urgently reform the supervision of financial advice and consumer compensation through the Financial Services Compensation Scheme (FSCS).

US-owned investment manager Vanguard has added a drawdown option to its SIPP-based Personal Pension plan.

Wealth manager WH Ireland has acquired Henley-on-Thames Chartered Financial Planner Harpsden Wealth Management.

Expanding Chartered Financial Planning firm Equilibrium has shown confidence in the future by taking a 15 year lease on a new HQ office building for its 89 staff.

SIPP provider Curtis Banks is to raise SIPP fees substantially in a major overhaul of its charges and the interest it pays on SIPP cash accounts.

Lloyds Banking Group has cut the remuneration packages of its new CEO Charlie Nunn and new chairman Robin Budenberg by 20% compared to their predecessors, it revealed today.

Standard Life Aberdeen is expected to make an announcement on the future of its Parmenion platform, one of three it owns, this week.

The Personal Finance Society has welcomed a boost this week to Government-backed apprenticeships for SMEs which could help with personal finance recruitment.