Financial advisers and providers should not underestimate the extent of what will be expected of them under the new Consumer Duty, according to the Financial Conduct Authority.

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The Office for National Statistics (ONS) has issued a set of improved UK gross domestic product (GDP) figures for April to June.

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Ten years after the start of auto-enrolment, more than 10.7m employees have enrolled into workplace pension schemes, according to recent statistics from The Pensions Regulator.

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The Government has corrected its initial guidance on underpaid State Pensions after a number of errors were spotted.

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Adviser training provider Redmill Advance has been acquired by education firm consolidator Kinrock for an undisclosed sum.

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The Financial Conduct Authority has expressed concern that mounting pressure on household budgets may force some customers to cut back on essential insurance, leaving them without protection. 

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Financial Planning firms have cut back on recruitment and growth plans as they reassess ambitions for 2022 due to the cost-of-living crisis, according to a new report.

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Funds managed by Investment Association (IA) members reached a milestone figure of £10 trillion for the first time in 2021.

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Chris Philp, Chief Secretary to the Treasury, has refused to confirm that the State Pension will be uprated in April in line with inflation.

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Investment and wealth manager M&G has hired ex-AXA IM CEO Andrea Rossi to be its next chief executive on a package potentially worth over £5m a year.

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