Wealth manager and Financial Planning firm Saltus has appointed Alistair Stuart as its new chief operating officer (COO).

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Pension scheme surpluses have started the new year on a high despite increases in their liabilities, according to estimates from XPS Pensions Group.

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Concerns over the sustainability of the State Pension Triple Lock could be a major influence on the way people vote in the General Election expected later this year, Steven Cameron, pensions director at Aegon, has predicted.

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Pensions Minister Paul Maynard MP has been referred to an investigator by the Parliamentary expenses watchdog over reports that he charged taxpayers when producing political materials.

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Anthony Arter CBE has been appointed as interim chair of The Pensions Ombudsman (TPO) to replace Caroline Rookes who died in October.

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Almost half of over 50s don’t know that annuities come in many forms and with various options, according to research from Standard Life, part of Phoenix Group.

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Chancellor Jeremy Hunt’s National Insurance (NI) cuts, which come into effect on Saturday, could hit the future funding of the state pension and current triple lock.

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A former pension scheme trustee has been given a 10-month jail term, suspended for 12 months, after admitting using scheme funds to make five prohibited loans to entities connected to the scheme’s sponsoring employer.

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Fast-growing wealth manager and Financial Planner Perspective Financial Group completed two more acquisitions shortly before the Christmas break, adding £190m AUM to the firm.

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Knaresborough-based Financial Planning firm Prosperis has acquired Newcastle-based IFA Stephen McDine Ltd for an undisclosed sum.

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