Average annuity rates climbed to 7.25% for a 65-year-old in September, up from 7.11% in June, according to the Standard Life Annuity Rate Tracker.

XPS Pensions Group has completed the £42.5m sale of XPS Pensions (Nexus) Limited, principal employer and scheme funder of the National Pensions Trust (NPT), to SEI.

Inheritance tax receipts hit £4.6bn from April to October, new government figures published this morning have revealed.

The latest issue of Financial Planning Today Magazine is now available and includes a deep dive into Planner tech plus exclusive articles and features for Financial Planners, Paraplanners and Wealth Managers.  

The latest issue of Financial Planning Today Magazine has just been published and explores how the roles of Financial Planner and Wealth Manager are merging in an exclusive Cover Feature. 

Dame Anne Richards, CEO of Fidelity International, is to step down from the role after five years with the company to become vice chair.

Novia Financial founder and platform entrepreneur Bill Vasilieff has died suddenly at the age of 68.

Wealth manager St James’s Place has changed the manager line-up and cut fees on two of its funds, the Balanced Managed fund and the Continental European fund.

Platforms Novia and Wealthtime have unified under a single group brand as Wealthtime as part of the final stage of a group-wide merger of the firms by their new owner, the private equity group Anacap.

New figures reveal £257.8bn is languishing in savings accounts paying no interest at all, leaving savers missing out on £13.6bn a year in interest.