XPS Pensions Group has uncovered a surge in the number of ‘red flags’ being reported on pension transfers, indicating warning signs of scam activity, from 13% in June 2018 to 34% in June 2019.

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Wealth manager Charles Stanley has expanded its distribution team with a new hire from Scottish Widows.

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John Govett has resigned as chief executive of the new Money and Pensions Service, the government-backed single financial guidance agency, two months after it was officially launched.

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Tenet has secured a preferential deal with Dynamic Planner for all appointed representatives and clients of its TenetSelect arm.

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The chief executive of Hargreaves Lansdown has apologised to clients hit by the suspension of the Woodford Equity Income Fund.

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The cost of reversing the increase in state pension ages could top £200bn, SIPP and platform provider AJ Bell has warned as the result of a High Court case is awaited.

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Work and Pensions Secretary Amber Rudd has backed Foreign Secretary Jeremy Hunt to become the next Conservative leader and Prime Minister.

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Clifton Asset Management has acquired Plan For Life Wealth Management, the first in a series of “targeted acquisitions”.

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The FCA is to host a series of events for British Steel Pension Scheme Members (BSPS).

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The Pensions Regulator has revealed 39 firms have applied for master trust authorisation.

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