Pension transfer activity fell to its lowest level in over six years in February, according to the latest data from pensions consultancy XPS.

The Financial Services Compensation Scheme (FSCS) has declared Manchester-based Pension Advice Specialists Ltd (FRN: 792927) as failed.

The Consumer Duty Alliance, the body aiming to boost trust and confidence in financial advice, is launching a major initiative to help recruit new industry talent.

Wealth manager St James’s Place has added a new ‘CIO Office’ team to oversee the running of its investment processes.

An estimated 6.5m UK adults (12%) are waiting until they get married, become parents, or own a home before they think about arranging key financial products, new research warns.

Nearly four in five (78%) of global HNW investors are holding historically large cash holdings, according to a survey by global fund manager Capital Group.

Wealth manager Utmost International has recruited in-house to appoint Karl Moore and Henry O’Sullivan as the chief executives of its Isle of Man and Ireland businesses.

The FCA has threatened to crack down on influencers and finance firms that publish financial promotions on social media platforms that are not fair and clear.

The Department for Work and Pensions has published an updated timetable for occupational pension schemes and personal and stakeholder providers to be connected to the Pensions Dashboard.

Fintech and adviser support services firm Fintel, owner of SimplyBiz and Defaqto, has invested £1.5m in Mortgage Brain and acquired 70% of fintech ifaDASH for up to £1.5m.