Value of lost pension pots hits £26.6bn
Figure has nearly doubled since 2018
AJ Bell
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Triple lock in doubt with inflation component set at 10.1%
Uprating state pension by earnings growth could save UK government between £4bn-£5bn
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FCA sounds alarm over rising pension scams
A quarter of consumers would withdraw their retirement savings to cope with cost-of-living crisis
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Liz Truss wins race to succeed Boris Johnson as UK prime minister
There will be ‘no honeymoon period’ for the newly appointed PM
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Regulator sets out three-pronged approach to fight pension scams
It expects industry to think of ‘innovative ways to protect savers now and in the future’
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FCA Consumer Duty ‘will sort the wheat from the chaff’
Regulator gives firms 12 months to implement rules aimed at improving client outcomes
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PEOPLE MOVES: PFS, FWD, Evelyn Partners
Trade body to recruit interim CEO, while Asian life insurance giant names chairman
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Sipp sales surged as lockdowns were lifted
They have become the ‘most popular product among retail retirement savers’
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PEOPLE MOVES: Edmond de Rothschild, Bravura, AJ Bell
Financial services giant makes c-suite change, as wealth tech solution provider names CEO
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PEOPLE MOVES: AJ Bell, Matthews Asia, Butterfield
Investment firms make CEO change, as financial services group names vice president of private banking
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Brits suffer £48bn retirement income deficit every year
Lang Cat calls on industry to improve regulation around equity release to fix the issue
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Are cracks appearing in the adviser/platform relationship?
7-in-10 advice firms on the cusp of making a switch as some consider going it alone