NS&I is to increase interest rates on its Direct ISA, Direct Saver and Income Bonds to 0.35% from 29 December following the recent Bank of England base rate rise.

US-owned investment and data provider Morningstar has snapped up the UK and international arms of Australian-owned platform Praemium for £35m.

Retirement provider XPS Pension Group says its Pension Transfer Value Index climbed to a new high of £270,000 at the end of November due to forecasts of increased inflation and a dip in gilt yields.

The Quilter Financial Adviser School (QFAS) has launched a new Level 6 Financial Planning in Retirement (FPIR) qualification provided by the London Institute of Banking and Finance (LIBF).

Falling life expectancy could help 20m pension savers avoid the threat of an increasing State Pension Age, according to actuarial pensions consultancy LCP.

The Pensions Dashboards Programme, the government-backed body that will oversee the launch of pensions dashboards for pension savers, has selected three pilot commercial providers to help with testing and development.

The Prudential Regulation Authority (PRA) has fined Standard Chartered Bank (SCB) £46.55m for failing to be “open and cooperative” with the PRA and for failings in governance.

Former FCA non-executive director Catherine Bradley has been appointed as a non-executive director of financial provider Abrdn and will become a member of the company's audit committee from 4 January.

Wealth manager St James’s Place has boosted its partnership numbers with 155 newly-qualified financial advisers and 74 new Paraplanners - 229 in total. 

AJ Bell has revealed the top 20 most popular funds and investment companies with advisers using its Investcentre platform.