Savings and retirement provider Phoenix Wealth is to cap charges on some of its pension products from March.

Financial adviser network Tenet has promoted Steve Jones to managing director of Tenet Network Services.

Experienced Financial Planner Tamsin Caine has shared some of the secrets of building a niche Financial Planning firm in the latest Financial Planning Today magazine. 

An MP has proposed plans to lower the age for auto-enrolment from 22 to 18 and to extend the scheme to lower and part-time earners.

The parent company of wealth management and Financial Planning firm Kingswood spent over £500,000 with companies owned by its directors in 2018/19.

The two remaining staff members at Woodford Investment Management received a total of £510,250 in salaries for the year ended 31 March 2021.

Planners are reporting some client families under financial stress as borrowing soars during the pandemic.

A quarter of UK adults (13m) said they expect their finances to worsen over the next three months as a result of the emergence of the Omicron Coronavirus variant.

Recently founded Financial Planning and fund management firm One Four Nine Group has acquired Surrey-based Chartered Financial Planning firm Total Wealth Planning (TWP).

Former work and pensions committee chairman Frank Field has been recognised for his “lifetime of public service” in the Queen’s New Year Honours list.