Despite the cost of living crisis, only a minority of consumers are prepared to reduce their pension contributions, according to a study.

Two-thirds of financial advisers fear the FCA’s new Consumer Duty will increase the advice gap.

Lloyds Banking Group is to acquire fast-growing retirement and wealth management company Embark Group.

Retirement and platform provider Embark is to hire more than 50 people in Dundee over the next few months to boost its platform operations in the city.