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The number of complaints about life and pension and investment companies fell by 8% during 2022, according to the latest data from the Financial Ombudsman Service.

Plans to bring forward a rise in the state pension age which were expected to be announced in May have been put on hold, according to newspaper reports.

Pensions and financial services consultancy Hymans Robertson has selected Jon Hatchett as senior partner to lead the firm from 1 April.

Former Abrdn advice director Neil Messenger has formed a new advisory firm called Professional Independent Wealth Advice (PIWA) which will join the Sandringham Financial Partners network.

Fast-expanding Nottingham-based Financial Planner Wren Sterling has completed two acquisitions, Active Wealth Management and HB&O Financial Services, adding 860 clients and £330m in assets.