New figures published by HMRC reveal that the total number of claims for overpaid tax on pension withdrawals has soared above half a million to 502,000 - resulting in a total of almost £1.5bn reclaimed since the introduction of Pension Freedoms in 2015.

The Managed Portfolio Services market has expanded and diversified so rapidly that MPS portfolios are likely to have overtaken multi-asset funds in total recommendations, according to new data.

Investment platform Transact is launching a series of adviser events to be held at its new office in the City of London this autumn.

Back in 2002 Donald Rumsfeld, US Secretary of Defence, coined a phrase which has been repeated a million times since but I’m increasingly wondering whether it could be applied to UK pensions and ultimately financial advice (or rather lack of it).

IHT tax liabilities created in 2022-23 were £6.7bn, up £0.71bn or 12% compared to the previous year.

The Consumer Duty has made the industry more professional and given clients better financial outcomes.

The design of digital platforms can drive customers towards making quick decisions which may not be in their best interests or consistent with the FCA’s expectations under the Consumer Duty, the regulator has warned.

Bermuda-based insurance company Brookfield Wealth Solutions (BWS) has agreed to acquire UK retirement product and annuity provider Just Group in a £2.4bn deal subject to regulatory approval.

Five Financial Planning and insurance firms have achieved the Chartered Insurance Institute's (CII) Chartered Corporate status.

Wealth manager St James’s Place has reported record funds under management of £198.5 billion in its latest six month period (31 December 2024: £190.2 billion), in half year results out today.