Fairstone Group has appointed former Aldermore Bank CEO Steven Cooper as its new chief executive officer.

New figures from the FCA published today have revealed that the total number of pension plans accessed for the first time rose by 8.6% to 961,575 compared to 885,455 in 2023/24.

Fintech and adviser support services firm Fintel, owner of SimplyBiz and Defaqto, said group revenue increased by 18.6% to £42.4m in the six months to the end of July.

Fast-growing financial Planner Finli Group, formerly Solomon Capital Holdings, has appointed former Brown Shipley CEO Calum Brewster to be chief commercial officer.

Unless there is a big surge in inflation in the next two months, the state pension will rise by 4.7% next April.

More than a third, 36%, of Gen Xers aged between 44-59 are in the dark when it comes to knowing about their parents’ inheritance plans.

Workplace savings and pensions provider Scottish Widows has extended Origo’s Unipass Letter of Authority across its business to cut turnaround times and improve the quality of information.

The UK's investment gap grew by more than 30% between 2022 and 2024, with around 15m adults now holding more than £610bn of “possible investments” in cash, according to analysis of official data.

While more than a fifth, 21% of Financial Planning firms have embedded AI into their business, almost a quarter, 23%, have not yet started adopting the technology.

Pension and investment provider Aegon has launched a new app for workplace pension members, which it claimed will help people engage with their money and navigate key financial moments.