The average pension transfer value, as tracked by XPS's Transfer Value Index, fell by 3% to a record new low in October due to declines in long-dated gilt yields.

The Financial Services Compensation Scheme is forecasting a 20% cut to its levy requirement for 2023/24 thanks to high levels of surplus built up in the current financial year.

Workplace pension scheme members are losing around £1.7bn a year during their transition into retirement due to choosing costly pathways to access their savings, according to a new report.

Advice firm Bartholomew Financial Limited has been declared in default by the Financial Services Compensation Scheme after facing 12 claims from ex-clients.

The Personal Finance Society has published a Consumer Duty good practice guide to help Financial Planners prepare for the new rules.

Financial Planners are ready to change their business models in order to attract the next generation of clients, according to a new report.

The Financial Conduct Authority (FCA) has formed a working group to develop a code of conduct for ESG data and ratings providers.

The Financial Conduct Authority has increased its supervision of financial promotions for newly-authorised firms.

Benchmark Capital has acquired a 49% stake in West Midlands-based Chartered Financial Planning firm Chartered Independent.

Financial software provider EV has added automated links to risk-rated model portfolio ranges for its EVPro Financial Planning tool for advisers.