A former trustee of the Worthington Employee Pension Top Up Scheme has pleaded guilty to five counts of making illegal investments.
Read more ...Adviser platform flows plunge 38% to all-time low
- Thursday, 17 August 2023
- Articles
Advised platform net flows plunged 38% to £2.8bn in the second quarter of 2023.
Read more ...WH Ireland shareholders back £5m rescue deal
- Wednesday, 16 August 2023
- Articles
WH Ireland shareholders have voted to back a £5m fund-raising move which will help stabilise finances at the troubled wealth manager and Financial Planner.
Read more ...CPI drops from 7.9% to 6.8%
- Wednesday, 16 August 2023
- Articles
Falling energy prices pushed down the rate of CPI inflation substantially in July to 6.8% but the figure remains well above the Bank of England's 2% target.
Read more ...CISI and NextGen partner for 'new blood' initiative
- Tuesday, 15 August 2023
- Articles
The CISI and NextGen Planners are holding a series of Changefest events this autumn to encourage more young people to consider Financial Planning and fintech careers.
Read more ...State pension gender gap shrinks
- Tuesday, 15 August 2023
- Articles
The State Pension gender gap has narrowed to less than £5 per week for those claiming the new state pension, new government figures show.
Read more ...Single pensioners need £257k more for retirement
- Tuesday, 15 August 2023
- Articles
Single pensioners need £257,000 more than couples to achieve a comfortable living standard in retirement, according to analysis by Standard Life, part of the Phoenix Group.
Read more ...Just Group annuity sales more than double
- Tuesday, 15 August 2023
- Articles
Annuity and retirement specialist Just Group has reported a 154% jump in first-half profits boosted by bumper annuity sales and higher new business income.
Read more ...Pensions business boosts L&G profit
- Tuesday, 15 August 2023
- Articles
Legal & General said its operating profit for the first half of the year was £941m, boosted by its bulk annuity business.
Read more ...Wage growth could drive higher state pension increase
- Tuesday, 15 August 2023
- Articles
The annual growth in average pay including bonuses hit 8.2% in June, according to figures published this morning by the Office for National Statistics.
Read more ...