Latest HMRC figures show that £794m has been repaid to people overtaxed on flexible retirement withdrawals since the Pension Freedoms were introduced in 2015.
US-based private equity firm Further Global Capital Management is to acquire a majority stake in expanding Financial Planner Progeny for an undisclosed sum, a move which may accelerate Progeny's expansion.
Mattioli Woods has reinstated staff bonuses this year after dropping them last year due to the pandemic.
The average cost per case for the Financial Ombudsman Service (FOS) has risen to £1040 in 2020/21 from £920 the previous year.
Chartered Financial Planning firm Lucas Fettes Financial Planning has appointed Victoria Watts to develop its employee benefits and wellbeing proposition.
The UK needs to be on “red alert” due to working taxpayers taking the worst hit from the Autumn Budget, according to AJ Bell.
Zurich has relaxed its life insurance underwriting following restrictions introduced last year.
Financial services regulators have joined forces to address the attitude and approach of financial services firms to climate change.
The Chancellor’s numeracy education scheme does not go far enough, according to wealth manager and Financial Planner Quilter.
An estimated 1.4m people will benefit from Chancellor Rishi Sunak’s decision to fix the net-pay anomaly on pensions, a move broadly welcomed by industry experts.