The chief executive of an advisory firm has written to the Chancellor and FCA bosses calling for a 30 day cooling off period for those seeking access to all of their pension funds, unless they have had regulated advice.

The Financial Conduct Authority has this morning announced plans to ban opt-out selling in financial services markets.

The Financial Ombudsman Service is set to cut its spending by 11% in the next financial year, with its budget dropping to just under £224million.

Scrutiny of the new pensions landscape will be central to the FCA's work for the next year, officials said, as they outlined the regulator's plans this morning.

The inflation rate has hit 0%, meaning it has fallen to its lowest level on record, the Office for National Statistics has reported this morning.

The FCA has announced it will launch a market study on asset management in 2015/16.

The FCA's operating costs are set to rise nearly £30m for the next financial year, with increasing amounts going on staff.

Many families face being left with large bills on the death of their loved ones because they have failed to use basic inheritance tax planning strategies.

The dangers of scammers have been highlighted today by the FCA's chief executive as regulators step up a publicity drive ahead of the pension reforms taking effect.

The Paraplanning profession has hit its highest point yet, an IFP board member believes, with "massive demand" from professionals to learn how to set up their own Paraplanning business.