Canada Life has this morning closed its onshore bond and personal pension plan to new business with immediate effect after the company decided it could no longer be competitive in the areas.

The latest HMRC inheritance tax receipts published today have revealed that £5.7bn was collected in the first three quarters of the 2023/24 financial year.

The Chartered Institute for Securities & Investment (CISI) has awarded six new Honorary Fellowships to people who have made an outstanding positive contribution to the financial services profession and to the CISI.

Eddie McGuire, managing director of @sipp, and the firm's finance director Steve Lancaster, have led a successful MBO of the specialist SIPP and SSAS provider.   

A 46-year-old man has appeared in court in London today charged in connection with a £19m unauthorised investment scheme.

Adviser network and support firm Sesame Bankhall Group has added Holloway Friendly to the protection panels of its Sesame Network and PMS Mortgage Club.

The UK’s high earners are facing a retirement shock with less than a third on track for a financially comfortable lifestyle when they retire, according to new research.

Financial Planning Week 2024, the CISI’s annual consumer-focused campaign to promote the benefits of professional financial advice, has been launched today.

Data and research provider Defaqto, which provides the Engage Financial Planning software system, has added star and diamond ratings for AIM and unlisted business relief (BR) services to its product ratings. 

The end of 2023 saw the rate of people transferring out of their DB pension fall to a five-year low, research from pensions consultancy XPS Pensions Group found.