The Personal Finance Society is to work with schools to give pupils the opportunity to pick the brains of financial advisers online.

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Pension consultancy Barnett Waddingham has warned that there are likely to be too few advisers to meet demand from the 120,000 pension savers a year it predicts will need DB transfer advice.

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Expanding national Financial Planning firm Independent Wealth Planners (IWP) has acquired London Financial Planner Clairville York Financial Advisers, the company’s eighth ‘hub.’

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The percentage of Nest’s 9m pension savers opting out of auto enrolment has increased from 6% to 9% following the second increase in minimum auto enrolment contributions.

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A record 1m more people will reach the Pension Freedom age of 55 his year and this ‘peak’ will last for several years, according to new analysis.

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The Financial Services Consumer Panel - which advisers the FCA on consumer interests - has appointed two new members.

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Fintech firm Wealth Wizards, which combines Chartered Financial Planning and robo advice, has launched an automated ‘algorithmic’ abridged advice service for DB transfers.

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Financial adviser Frenkel Topping has launched a joint venture with personal injury specialists Express Solicitors.

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The FCA has launched a probe into DB transfer advice given by advisers at Lighthouse Group - now part of Quilter.

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The industry is split on its response to the FCA’s ban announced today on most contingent charging on DB pension transfer advice.

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