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The latest XPS Pension Transfer Watch report has highlighted that pension transfer volumes were 50% lower in March than a year earlier.
The FCA has recovered £533,000 in funds from an unauthorised deposit-taking firm which invested in crypto and other assets, using a soccer league business as part of the venture.
New data from the government-backed Money and Pensions Service (MAPS) has revealed that consumers have reported losing £13.6m to financial scammers over the past year, an average of over £16,000 each.
Investment manager Schroders has begun the search for a new CEO following news that current CEO Peter Harrison will be retiring after a decade on the board.
The Consumer Duty Alliance is to support the launch of a new Retirement Income Taskforce to be chaired by leading pensions campaigner Margaret Snowdon.
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A new cross-sector Retirement Income Taskforce (RIT), supported by the Consumer Duty Alliance (CDA), is being launched to collectively tackle the mounting and multiple challenges facing the public and sector alike, writes Keith Richards, CEO of the Consumer Duty Alliance.
The FCA has instigated criminal proceedings against Lee Steven Maggs, 38, of Sittingbourne, Kent, for two counts of fraud and one count of breaching the Financial Services and Markets Act 2000 (FSMA).
Former Labour minister and lifelong pensions and anti-poverty campaigner Frank Field, Lord Field of Birkenhead, has died at 81 after a long battle against prostate cancer.
Wealth manager and stockbroker Redmayne Bentley is to acquire the client assets of failed Liverpool wealth manager and stockbroker Blankstone Sington, subject to regulatory and court approval.