Pension consultancy Barnett Waddingham has warned that the potential axing of the RPI inflation measure by the government could have ‘seismic’ implications for pension schemes.

The Government has confirmed that following a consultation pre-paid funeral plan providers and advisers will be brought under FCA regulation.

Quilter plc, the wealth management and investment group, has reported a pre-tax loss of £53m for last year compared to a profit of £41m for the previous year.

Data and ratings provider Defaqto says its annual review of pension provider service has found a greater level of satisfaction among advisers.

New Chancellor Rishi Sunak is due to deliver his first Budget at just after 12.30 pm today in the House of Commons.

Chancellor Rishi Sunak began his Budget today outlining a £30bn package to help business get through the Coronavirus crisis.

Chancellor Rishi Sunak has scrapped a planned and long-awaited 2% cut in Corporation Tax to 17%.

This is the full text of Chancellor Rishi Sunak's first Budget speech delivered today in the House of Commons: 

The Junior ISA and Child Trust Fund allowances will be increased from £4,368 to £9,000 from April in a move to help more young people save.

The Government is launching a consultation which could see the Financial Services Compensation Scheme and the Financial Ombudsman Service extended to all Gibraltar financial firms selling to UK consumers and businesses.