MPs on the influential Public Accounts Committee (PAC) have published a damning report criticising the Treasury for failing to fix what it calls a £17bn error on public service pensions that has disadvantaged younger workers, women and other groups.

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Staff at adviser platform Transact will start to return to the office from August as the platform pilots a hybrid working model.

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Financial wealth in the UK grew by 7% in 2019-20 compared to 5% for Western Europe, according to a new report.

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Platform technology provider and Octopus-owned custodian Seccl has launched instant deposits, allowing client payments made by bank transfer to clear and invest instantly.

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When advising on income drawdown, there has been a shift away from a fixed rate method with more advisers now preferring modelling tools.

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Investec Wealth & Investment has combined its Financial Planning services and launched a wealth planning service.

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Spread betting platform CMC Markets is to launch a retail investment platform as it looks to compete with the likes of Hargreaves Lansdown, Funds Network and AJ Bell.

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Hybrid robo advice and traditional advice models are the future of Financial Planning according to a new report.

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National IFA and Financial Planning firm Continuum has reported an 11% increase in client numbers to around 12,000 since the start of 2020.

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Pensions and investment company Aegon has launched a Financial Wellbeing tool aimed at helping 45m UK adults assess their personal financial wellbeing and how to make improvements.

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