Fund manager Vanguard is to axe its low-cost Financial Planning arm which was launched in April 2021.

Online D2C platform interactive investor has launched what it calls an ‘ultra low cost’ SIPP with a flat fee of £12.99 a month.

Platform and SIPP provider AJ Bell has launched its new Retirement Investment Account (RIA) today, designed to be a new low-cost pension with a ‘streamlined’ investment proposition.