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.

Legal & General said its operating profit for the first half of the year was £941m, boosted by its bulk annuity business.

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.

Insurance could be used as a loop-hole to help avoid large IHT bills, according to Plymouth-based IFA firm Continuum.

Half of UK adults have or know someone who has experienced a financial scam attempt in the last 12 months, according to new research from Canada Life.

Investor confidence is back on the up as economists and investors predict that the worst of the inflationary period is behind us, according to the latest HL Investor Confidence Index.

The number of persistently underperforming funds has increased by more than a quarter in the last six months to 56, according to Bestinvest’s latest Spot the Dog report, with St James's Place dominating the list of big funds.

The Pension Awareness campaign will mark its first decade with a five-day event from 11 to 15 September.

South Wales Advice firm The Financial Planning Practice (FRN: 223388) has failed, the Financial Services Compensation Scheme said.

Origo chief executive Anthony Rafferty has urged Financial Planners and other industry professionals to tell the fintech about their problems so the business can work on ways to help.