Pension savers are losing £1.2bn each year by unwittingly transferring their pensions to higher charging providers, a new study warns.

Pension schemes are in favour of the Labour government introducing tax incentives to increase pension investment in UK growth, according to a new survey.

An industry-wide awareness week on Pensions Dashboards will return in September with online events designed to encourage knowledge sharing, insight, and best practice as companies prepare for the dashboards connections starting in eight months.

Digital wealth manager Verso Wealth Management has recruited Brown Shipley’s James Robertson as client director to help built its new investment service, Verso Private Client (VPC).

Tatton Core Active remained the most recommended platform managed portfolio solution (MPS) in the second quarter of the year

One in five (20%) people who use Financial Planners or advisers say they are “very concerned” about the prospect of them retiring and a further fifth (26%) say they are “quite concerned”.

Financial adviser and ISA provider London Court Limited (FRN 146522) has entered creditors’ voluntary liquidation less than a year after the FCA placed restrictions on the firm.

An extra 1.2m people are facing a worse retirement lifestyle than in 2023, according to the annual retirement report from Scottish Widows.

New data on the nation’s finances published by the Office for National Statistics today showed that the UK saving ratio now stands at 11.1%, higher than it was before the pandemic.

The Chartered Insurance Institute (CII) has appointed three new group board members, including Chartered Financial Planner Roger Jackson.