The Pensions Regulator has fined a firm £350,000 for failing to fully comply with its pension duties.

Advisers continue to seek returns from around the world, with figures from FundsNetwork revealing the global sector remained the most popular during July.

Royal London has warned against a “drastic” proposal to raise the State Pension age to 75.

FTSE 350 DB pension scheme deficits have fallen by nearly a third and a growing number of firms approach the financial position required to buyout their liabilities, according to new research from Barnett Waddingham.