European private equity firm Nordic Capital is to acquire Financial Planning firm Ascot Lloyd from current owners Oaktree Capital Management for an undisclosed sum.

The FCA has stepped in to bar South Wales adviser firm David Stock & Co Limited (DS&C) - which advised BSPS clients on pension transfers - from disposing of assets without permission.

A third (36%) of UK adults are saving less due to rising living costs, according to new research.

Almost three quarters (72%) of UK adults have never completed an expression of wish form for their pension.

Platform and SIPP provider AJ Bell has reported total customer numbers rose 21% over the past year and 5% in the past quarter to 418,309, according to its Q2 trading update.

Wealth manager St James’s Place (SJP) has added two new tools for partners to help them to identify and support clients showing signs of financial vulnerability.

Six in ten Financial Planners are struggling with heavy workloads, identifying them as the greatest cause of work-related pressure, according to a new report.

QPay Europe Limited, has consented to a court order to give up £2m held in its name, following legal proceedings brought by the Financial Conduct Authority (FCA) under the Proceeds of Crime Act.

Seven in ten pension transfer requests made in March showed indicators according to the XPS Pension Scam Flag Index.

Whilst the latest data from the Office for National Statistics (ONS) shows auto-enrolment has boosted workplace pension participation, it has also shown that most are not saving enough for retirement, according to Financial Planners.