The pension gender gap between single pensioners under 75 has reversed for the first time ever, according to analysis of DWP data.

The marked improvement in annuity rates over the past 12 months has also had a positive impact on the cost of guarantees, according to Canada Life research.

The Consumer Duty is likely to change how advisers communicate with clients, the way they assess the value of advice and the way they segment their client base and service offerings, according to adviser research.

People in poor health have poor finances too, with just one in 20 having high levels of financial resilience compared to a third of people in good health.

The CISI Future Foundation, a body set up by the CISI to improve financial literacy, has been granted charitable status and can begin considering grant applications.

The Treasury has appointed experienced financial services executive Sophie Hutcherson to the FCA board and reappointed Bernadette Conroy for a second term.

The Prudential Regulation Authority has fined former TSB Bank plc chief information officer Carlos Abarca £81,629 for his part in IT failings which hit 5.2m TSB customers. 

Investment, protection and retirement provider LV= is to replace Columbia Threadneedle Investments with BlackRock as its primary asset manager.

The UK economy saw zero growth in February following a surprise 0.4% jump in GDP growth in January, according to the latest figures from the Office for National Statistics (ONS).

Wealth manager St James’s Place (SJP) has appointed Justin Onuekwusi as its chief investment officer.