Over £1.3 trillion is languishing in savings accounts paying less than 50% of the Bank of England's base rate of 4.5%, according to a new report.

Investment manager Abrdn has officially rebranded to aberdeen group plc, formally changing its name yesterday (Wednesday) and moving to an all lower case name including vowels.

Annuity rates have increased by 8% for a healthy 65-year old over the last 12 months, according to new data.

Wealth Manager and Financial Planner Brooks Macdonald has begun the process of moving its share listing from AIM to the London Stock Exchange main market.

The Consumer Duty Alliance, the not-for-profit industry group supporting advisers with their Duty commitments, has called for the FCA to issue more sector-specific guidance on vulnerability.

John Dobbs has been charged with three counts of conspiracy to commit fraud by false representation over an unauthorised investment scheme which defrauded investors out of £3.9m.

There were 7.13m pensioners paying tax in the 2022/23 tax year, a 6% increase year on year, according to the latest data from HMRC.

The FCA has confirmed that it will partially axe its 'name and shame' proposals for firms under investigation.

The FCA has clarified that defence companies should not be treated differently to firms in other sectors when it comes to its sustainability regulations.

The Personal Finance Society has produced a new good practice guide for the Consumer Duty, consolidating key resources for financial advisers.