The FCA has decided to hold off introducing new rules on sustainability-related governance and the transition to net zero for regulated firms following a consultation with the industry.
Carlton Hood has been appointed CEO of protection provider Guardian from 1 May.
Nikhil Rathi, chief executive of the FCA, said the regulator was considering how retail markets can take a more holistic approach to Britons’ finances.
Almost one in five Britons (17%) will rely on only the State Pension for retirement income, according to a new report.
Aegon UK has added three long-term asset funds to its largest workplace pension default fund, the Universal Balanced Collection.
Wealth manager and Financial Planner Titan Wealth has acquired Workplace Advice Group, a provider of workplace pensions which manages £200m for 1,459 schemes.
Poor knowledge of investment products could be holding Britons back from achieving their financial goals as new research reveals that almost 1 in 5 people have not heard of a stocks & shares ISA.
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.