Fintech and platform engine provider Bravura Solutions plans to downsize its UK offices as part of a global cost-cutting exercise, with some offices set to be cut altogether in Australia and New Zealand.

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The Money Purchase Annual Allowance (MPAA) has created a pensions tax trap for millions of people aged over 55, according to new research.

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Expanding Financial Planner and wealth manager Fairstone has acquired £200m FUM Lincolnshire Chartered Planner firm MT Financial Management.

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The sale of failed firm Rowanmoor Personal Pensions Limited (RPPL) to SIPP and SSAS provider Alltrust completed on Friday 3 March 2023 following exchange of contracts in December 2022. 

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The Pensions Dashboards Programme delay announced last week is “deeply frustrating”, according to a former pensions minister.

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The Financial Ombudsman Service has today launched a consultation on proposed amendments to the way it reports business-specific complaints data. 

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The Government-backed Private Members’ Bill which will extend auto-enrolment (AE) pensions to millions more younger people and low earners, is a “significant step forward”, according to investment and savings trade body TISA.

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The Chartered Insurance Institute is revamping its troubled IT system this month, leaving some services out of action between 8 March and 19 March.

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Wealth manager and Financial Planner group Kingswood Holdings has confirmed the potential sale of the company’s UK business operations.

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The Investment Association, the fund managers’ trade body, is to join IOSCO, the global body for regulators and securities commissions, as an affiliate member.

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