The value of acquisitions of financial advice firms rose considerably in 2024 due to an increase in the acquisition of firms with over £1bn in assets under advice.

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The FCA has decided to hold off introducing new rules on sustainability-related governance and the transition to net zero for regulated firms following a consultation with the industry.

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Carlton Hood has been appointed CEO of protection provider Guardian from 1 May.

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Nikhil Rathi, chief executive of the FCA, said the regulator was considering how retail markets can take a more holistic approach to Britons’ finances.

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Almost one in five Britons (17%) will rely on only the State Pension for retirement income, according to a new report.

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Aegon UK has added three long-term asset funds to its largest workplace pension default fund, the Universal Balanced Collection.

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Wealth manager and Financial Planner Titan Wealth has acquired Workplace Advice Group, a provider of workplace pensions which manages £200m for 1,459 schemes.

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Poor knowledge of investment products could be holding Britons back from achieving their financial goals as new research reveals that almost 1 in 5 people have not heard of a stocks & shares ISA.

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There are now nearly 612,000 people aged 90 or over living in the UK with the number heading upwards, according to analysis of official figures by retirement specialist Just Group.

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L&G has launched a digital application process for annuities which it says will save Financial Planners and advisers up to 14 days on each intermediated/advised application.

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