Quilter has introduced three new features to its platform to support potentially vulnerable customers.

Annuity rates increased by 20% in the 12 months to June, according to a new report.

The legal changes required for the extension of pensions auto-enrolment have been pushed back until September.

Total advised customer numbers for platform and SIPP provider AJ Bell rose 10% year-on-year to 156,368 for the quarter ending 30 June.

The Government is threatening to remove the ability to inherit an untouched pension pot tax free into a drawdown account if the deceased is under 75.

The FCA has launched criminal proceedings against Daniel Pugh over a £1.3m unauthorised investment scheme.

The Competition and Markets Authority is to investigate the merger between platform Nucleus and SIPP provider Curtis Banks.

Investment and SIPP platform AJ Bell has called on the Chancellor to double the personal savings allowance in his Autumn Budget.

The majority of the £403m in claims paid by the Financial Services Compensation Scheme in 2022/23 were due to investment and pension advice including SIPP operator failures.

CPI inflation has fallen to 7.9% for the year to June, the lowest level seen for over a year.