Redress of between £500 and £3,000 for WASPI women, as recommended by the Ombudsman in its report today, would cost the DWP between £3.5bn and £10.5bn according to Hargreaves Lansdown.

The Parliamentary and Health Service Ombudsman has called on the Department for Work and Pensions to consider paying compensation to women born in the 1950s hit by the increase in the State Pension age.

The Bank of England kept its base rate at 5.25% today for the fifth time in a widely expected decision.

Almost 4 in 5 (78%) of savers are in the dark about a rule change that will allow them to open multiple ISAs of the same type within the same tax year from April, according to a new report.

Financial Planning firm Perspective has appointed Sam Ward as head of mergers and acquisitions.

M&G’s platform and advice businesses saw an increase in annual pre-tax losses to £32m in 2023 (2022: £24m).

After a turbulent two years platforms are beginning to show signs of recovery with assets up, according to a new study by platform consultancy the lang cat.

The FCA’s thematic review - which investigated how firms were providing retirement income advice - has demonstrated the value of a good Financial Planner, according to financial professionals.

Platform and investment manager 7IM has acquired Financial Planning firm Eastcote Wealth Management for an undisclosed sum.

Sales of new individual income protection policies rose 16% year-on-year to hit 247,000 in 2023, according to new figures from insurance and investment provider trade body the ABI.