The director of a company acting as a trustee for 16 pension schemes has received a £10,000 court fine for failing to hand information to The Pensions Regulator.

The Financial Services Compensation Scheme has declared 30 failed regulated firms in default between 1 November and 31 January 2020, opening the door to compensation claims.

The FCA issued a statement today on Covid-19 (the Coronavirus) saying it expected all firms to have contingency plans in place in case they are hit by the virus.

More than eight out of 10 advisers say they would recommend the Financial Planning profession to family and friends, according to a Personal Finance Society poll.

A record 77% of UK employees were in a workplace pension in 2019, according to latest ONS figures released today.

Life expectancy has improved slightly for men and women at both birth and age 65 after many years of stagnation, latest ONS figures show.

Guernsey Finance, the agency that promotes the island’s finance industry around the world, has recruited Rupert Pleasant from wealth and trust manager Beauvoir Group to be its new chief executive.

Investment research company Morningstar is to acquire PlanPlus Global including FinaMetrica, an investment risk measuring system used by many Financial Planners with their clients.

Selftrade, one of the oldest retail investment platforms, has re-branded as EQi and announced plans to boost its SIPP services.

Eldon Financial Planning, based near Darlington, is planning to move to an employee-ownership model next year after growing rapidly over the last five years.