The Government-backed Private Members’ Bill which will extend auto-enrolment (AE) pensions to millions more younger people and low earners, is a “significant step forward”, according to investment and savings trade body TISA.

City of London Minister Andrew Griffith has warned that the FCA’s new Consumer Duty could damage the sector and trigger a wave of spurious lawsuits, according to news reports.

A new personalised guidance regime has moved a step closer to gaining Parliamentary approval following a debate in the House of Commons.

David Dalton-Brown, CEO of investment and savings trade body TISA, will step down at the end of January.