The aggregate surplus of DB pension schemes increased to £476bn at the end of September, according to the latest Pension Protection Fund (PPF) 7800 Index.

The Department for Work and Pensions has today launched a consultation on draft legislation needed to extend Collective Defined Contribution (CDC) pension schemes.

Auto enrolment should be extended and made more flexible while employers should offer short-term savings schemes to workers, according to a new report.

Wealth manager and Financial Planner Brooks Macdonald has acquired LIFT Financial Group Ltd and LIFT Invest for £45m.

The FCA said today it will undertake a review of consolidation within the financial advice market.

The first Collective Defined Contribution (CDC) pension scheme has been launched today, more than two years after the schemes were given the green light in the UK.

Financial Planning software provider Dynamic Planner has announced a new CRM integration with Adviser Cloud.

Tim Riseborough, chief operating officer of Rimbal and group operations director of ValidPath, has received authorisation from the FCA to join the board of ValidPath.

Chancellor Rachel Reeves has stepped back from plans to introduce a flat rate of tax relief, according to newspaper reports.

Investment company Abrdn has called for further consolidation of the DC pensions market to invest in a wider range of asset classes that could support growth of the UK economy.