Over 120,000 SIPP and SSAS savers may be owed compensation of up to £80,000 each due to errors in relation to property transfers, according to tax advisers Cornerstone Tax.

Provider Aegon has reported more than double the percentage of life insurance claims caused by respiratory conditions for the first half of 2020.

The Lloyds Banking Group has said in its half year results that it remains committed to becoming a top three Financial Planning business by the end of 2023, with the transition of assets to the joint venture with Schroders on track.

Negative perceptions could be why just 10% of UK adults have taken paid-for financial advice in the past two years, according to research from digital advice firm OpenMoney in conjunction with YouGov.

Four people have been arrested as part of a HM Revenue and Customs investigation into a multi-million pound phone scam.

More than half of Financial Planners (53%) believe firms will shut due to the pandemic but around 52% forecast a rise in new clients, according to a new report.

Over 66% of CISI members believe it will take 12+ months or more for their business and the economy to recover from Covid-19 disruption.

Interim figures from Jupiter today underlined the impact of the Coronavirus pandemic as pre-tax profits plunged by 50% to £40.8m and Assets Under Management declined from £45.9bn June 2019 to £39.2bn in June 2020.

Financial education charity Young Money is to send free copies of Money Saving Expert Martin Lewis’s financial education textbook ‘Your Money Matters’ to 700 schools in Scotland, Wales and Northern Ireland.

The FCA is to consult on tougher rules to beef up protection for up to 24m vulnerable consumers.