The number of people aged 85 and over is set to double over the next 25 years to 3.2m, according to ONS projections out today.

The DWP will fine pension schemes up to £50,000 if they fail to disclose their fees and charges from April, the DWP announced in a package of proposals today.

Acquisitive Chartered Financial Planning firm Fairstone has acquired Hase Osborne, another leading Chartered Financial Planning firm, for an undisclosed sum.

The FCA has today launched a campaign to urge the public to stop remaining silent when financial scams occur. It also urges the public to seek impartial advice before investing.

More than a third (36%) of advisers expect to direct more business to platforms over the next 12 months and more than a third say platforms make Financial Planning more “straightforward”, according to Aegon’s latest Adviser Attitudes Report.

According to new research 93% of the UK’s self-employed workers have no critical illness cover.

The Financial Conduct Authority has confirmed that it will investigate a ‘cyber security’ break at data provider Equifax which hit nearly 700,000 UK consumers.

Wealth manager St James’s Place has seen strong growth in the third quarter with net inflows up 42% from £1.66bn to £2.36bn.

The Financial Ombudsman is upholding a smaller percentage of SIPP complaints compared to last year despite the number of complaints rising.

The boom in pension transfers is set to continue with news that flexible drawdown pension transfers surged by 13.6% (£114m) in the second quarter of this year to reach £954m.