The Financial Ombudsman Service is planning to increase its budget by £44m to £283.8m in 2022/23 to cope with an expected increase in more complex cases.

The Government is consulting on proposals to bring forward the rise in the State Pension Age to 68 from 2044 to 2037 resulting in millions being forced to wait longer for the state pension.

The Consumer Prices Index (CPI) hit 5.1% in November, the highest rate in over 10 years.

Canaccord Genuity Wealth Management UK (CGWM UK) has agreed to acquire Punter Southall Wealth from Punter Southall Group in a £164m deal.

The cost to the Government of Pensions Tax Relief rose to an estimated £42.7bn in 2020/21 - up £11bn in four years.

The Financial Services Compensation Scheme (FSCS) has declared 16 firms in default, including a number of financial advisers and wealth managers.

Nearly half (46%) of advised clients have undergone a comprehensive review of their financial situation since the start of the Coronavirus pandemic, according to a new report.

Schroders Personal Wealth (SPW) has made a series of Financial Planner hires to boosts its regional presence.

SIPP provider iPensions Group has acquired the business assets of closed SIPP firm Forthplus Pensions.

The Online Safety Bill must include criminal offences to tackle scam financial adverts to tackle the “Wild West online”, according to a report from MPs and Peers today.