In 2021/22 the Financial Services Compensation Scheme (FSCS) recovered just £16m from the estates of failed firms.

The Pension Regulator (TPR) and DWP have amended guidance on tough pension transfer regulations introduced in November last year.

Average wealth from assets has grown by 59% over the past decade, according to a new report.

UK investors withdrew £822m from funds in May, the fourth month of net retail outflows so far this year.

Prime Minister Boris Johnson has bowed to pressure from ministers to resign as Conservative Party Leader.

Nadhim Zahawi MP, the newly appointed Chancellor, has called on Prime Minister Boris Johnson to quit.

Eveleyn Partners, the Financial Planning firm previously known as Tilney Smith & Williamson, has added Financial Planner Catherine Glennon to its Cambridge team.

Pensions Minister Guy Opperman MP has become the latest Government minister to resign this morning.

Expanding Nottingham-based Financial Planning firm Wren Sterling Group has acquired the trade and assets of Oxford-based Critchleys Financial Planning LLP from accountancy firm Critchleys LLP for an undisclosed sum.

Fintech and back office system provider Iress has launched a new range of Xplan packages as it prepares to retire its popular Adviser Office system used by many advisers.