HSBC’s chief executive Noel Quinn is to retire unexpectedly from the bank to “get a better balance” after what he described as an “intense” five years in the role.

SIPP and SSAS provider body the Association of Member-Directed Pension Schemes (AMPS) has warned that an increasing number of Small Self-Administered Schemes (SSAS) approvals are being rejected by HMRC.

Hargreaves Lansdown has posted a record £150bn assets under administration and said the number of net new clients climbed 48% to 1,858,000 active clients in the three months to the end of March.

Net inflows to under-fire wealth manager St James’s Place slumped 64.5% in the first quarter of the year compared to last year, but funds under management climbed again.

Fast-expanding wealth manager and Financial Planner Titan Wealth is reported to be putting together a deal to take over rival private Financial Planning firm Independent Wealth Planners (IWP), which has £6bn AUM.

Two-fifths of self-employed people – 41% – are risking an uncertain retirement because they are failing to pay into a personal pension, according to new data from investment platform CMC Invest.

Retirement planning specialist Chris Haigh has joined national financial advice firm Continuum as a Chartered Financial Planner.

Ahead of a consultation deadline tomorrow, the FCA has responded to concerns about its proposals to make public details of enforcement investigations against regulated firms.

The £432m private equity acquisition of SIPPs and Financial Planning firm Mattioli Woods has moved ahead this week with over 95% of shareholders voting in favour.

There are only six months left before financial services firms need to comply with new laws to prevent sexual harassment in the workplace, a consultancy has warned.