An estimated 3.3m people using salary sacrifice to boost their pensions are set to be hit by the Budget cap on the process, according to new government data.

The Financial Conduct Authority has responded to calls from MPs to investigate the handling of information ahead of the Autumn Budget 2023 and whether it amounts to market abuse.

The FTSE 100 has returned 22.8% year-to-date including dividends, in the highest returns seen since the bounce back from the global financial crisis in 2009.

The FSCS has opened a probe into a Facebook-advertising 'socially conscious' alternative investment firm which has now gone into liquidation.

Assets under management held steady for investment manager Premier Miton at £10.3bn (2024: £10.7bn) despite net outflows for the year doubling for the year ended 30 September.

Advised platform customers rose 6% for AJ Bell to 182,000 (2024: 171,000) for the year ended 30 September.

Schroder Investment Solutions is to launch a new Blended model portfolio service in early 2026.

The FCA is to go ahead with a simplified complaints process to make it easier for firms to report consumer complaints to it.

Over one in four savers (27%) expect to be either totally or heavily reliant on the State Pension in retirement.

AJ Bell Investcentre has launched two new estate planning trusts, with a third to follow, to boost options for advisers involved in estate planning.