There are now nearly 612,000 people aged 90 or over living in the UK with the number heading upwards, according to analysis of official figures by retirement specialist Just Group.

L&G has launched a digital application process for annuities which it says will save Financial Planners and advisers up to 14 days on each intermediated/advised application.

Only a third, 33%, of active funds have outperformed passive alternatives over 10 years and just 31% of active funds outperformed passive funds in 2024.

Only 60% of professional investors are prepared financially for longer life cycles, with a high proportion, 40%, highlighting a lack of preparedness. 

Platform business Wealthtime has become a fully integrated wealth manager under the new brand The Quanta Group, following the acquisition of Craven Street Wealth announced last week.

Financial Planners and advisers can now access a single point of sign in with the FCA for regulatory reporting tasks, including submitting regulatory data and paying fees. 

Savers continue to face unnecessary delays when transferring their pensions, with the latest data revealing that some transfers are taking more than two months to complete.

The Prudential Regulation Authority (PRA) has today said it proposes to raise the deposit protection limit of the Financial Services Compensation Scheme (FSCS) from £85,000 to £110,000.

From 6 April, the state pension will increase by 4.1%, as calculated by the triple lock, and so above the latest inflation figure of 2.8%.

Industry collaboration fintech Origo’s newly-launched Unipass Transfer Tracking service has seen more than 10,000 pension transfers searched for by advisers since it went live on Monday 3 March.