One in 20 (4%) defined benefit (DB) pension schemes remained open to new members in 2023, new data published today by The Pensions Regulator (TPR) shows.
In the next five years the financial advice sector will see small adviser firms thrive while the number of clients served will grow by 30%, according to predictions from wealth consultancy NextWealth.
Frenkel Topping, the specialist advice firm focusing on personal injury and clinical negligence cases, has appointed major shareholder Christopher Mills as non-executive chairman.
Adviser network ValidPath has launched a £100,000 loan facility to help established adviser firms wanting to leave their current network who feel shackled by so-called 'golden handcuff' deals.
Pension savers could be left more than £70,000 poorer in retirement due to overlooking charges when they transfer their pension pots, provider People’s Partnership has warned.
A 46-year-old man pleaded guilty to fraud today at Southwark Crown Court following a prosecution brought by the Financial Conduct Authority (FCA).
The annuity market is buoyant as the Bank of England’s rate pause has encouraged people to take the plunge, according to platform and investment provider Hargreaves Lansdown.
Most pupils leave school missing the money skills they will need, according to new research from the government-backed Money and Pensions Service (MAPS).
A £2.7m boiler room fraudster, who used different names for his crimes and was jailed for nine years for his crooked activities, has been banned by the FCA.
The Personal Finance Society (PFS), a professional body for Financial Planners, has launched a new competency diagnostic tool to help firms identify training opportunities relating to Consumer Duty knowledge gaps.