The number of complaints about life and pension and investment companies fell by 8% during 2022, according to the latest data from the Financial Ombudsman Service.

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Plans to bring forward a rise in the state pension age which were expected to be announced in May have been put on hold, according to newspaper reports.

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Pensions and financial services consultancy Hymans Robertson has selected Jon Hatchett as senior partner to lead the firm from 1 April.

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Former Abrdn advice director Neil Messenger has formed a new advisory firm called Professional Independent Wealth Advice (PIWA) which will join the Sandringham Financial Partners network.

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Fast-expanding Nottingham-based Financial Planner Wren Sterling has completed two acquisitions, Active Wealth Management and HB&O Financial Services, adding 860 clients and £330m in assets.

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Wednesday, 22 March 2023
Articles

There was a surprise surge in CPI inflation in February to 10.4% - from 10.1% in January - due mainly to rising food prices.

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Boston Multi Family Office has acquired Fedelta Trust Limited which will see the existing Fedelta team, led by Steven Quirk and David Brew, move to Boston’s Isle of Man offices.

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A leading industry body has urged pension providers to continue to implement their Pensions Dashboards plans, including how they will connect to the central digital architecture.

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Therese Chambers, director of consumer investments at the FCA, has revealed more details of the advice/guidance review, including the fact it will be a joint enterprise between the FCA and the Treasury.

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The Pensions Scams Industry Group (PSIG), the voluntary body set up to support trustees, providers and administrators in combating pension scams, has launched an ‘Interim Practitioner Guide’ which details the key due diligence steps to undertake when assessing a pension transfer. 

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