A jailed ex-president of the Association of Taxation Technicians who was imprisoned for a major pension scheme tax fraud has been told to pay back £5.1 million – or face another decade behind bars.

Four investment firms and three life and pensions companies have been declared in default by the FSCS this morning.

Over 60% of advisers expect to increase outsourcing of investment management in the next 12 months due to the pension reforms, according to a new survey.

An investment management firm has expanded its Financial Planning team because of "increased appetite for high quality expertise" among consumers.

Changes to the financial reporting form advisers use to submit annual returns to the FCA could halve the costs of providing adviser charging data across the industry, the regulator said today.

A pensions company has warned that the axing of the 'death tax' announced today by the Chancellor has created a "massive dilemma" for members of final salary pension schemes approaching retirement.

The biggest Financial Planning event in the UK is just a week away, with hundreds of delegates expected at Celtic Manor.

The abolition of the pensions 'death tax' will further diminish the attraction of annuities, a pensions expert believes.

A movement to bring together Paraplanners to share knowledge and ideas and to advance the profession in the UK is gathering momentum, one of its leading figures says.

The overhaul of the pensions system, which is set to take effect next April, should be binned and replaced, a think tank has said.