New figures reveal £257.8bn is languishing in savings accounts paying no interest at all, leaving savers missing out on £13.6bn a year in interest.

Further consolidation in the direct to consumer platform sector is on the cards as providers struggle to find new business, according to investment consultancy Fundscape.

More than £26bn in pension pots is ‘missing’ because savers have lost track of their retirement pots, according to new analysis.

The new chief executive of investment provider Hargreaves Lansdown, Dan Olley, could earn a pay, bonus and share package worth £4.826m in 2024, the company’s 2023 Annual Report reveals.