Investors in failed mini-bond firm London Capital & Finance (LCF) have withdrawn their judicial review appeal against the Financial Services Compensation Scheme (FSCS).

Some 8m people are planning a DIY approach to retirement and planning to avoid professional financial advice but admit they do not know how to avoid running out of money in retirement, according to a new study.

The Chartered Institute for Securities & Investment, the professional body which runs the Certified Financial Planner designation, has praised 300 school and college sixth form students for taking and passing its exams this year despite pandemic disruption.

A former owner of the famous Norton Motorcycles company is to be prosecuted for allegedly illegally investing money in the business from three pension schemes for which he was the sole trustee.

The number of poorly-performing investment funds ‘named and shamed’ by Bestinvest’s ‘Spot The Dog’ report has halved over the past 6 months from 150 down to 77.

Investment platform consultancy the lang cat has recruited Tom McPhail, the high profile former Hargreaves Lansdown pension spokesman and head of policy, to be its new director of public affairs.

The wealth arm of personal injury legal firm Irwin Mitchell has reached the milestone of £1bn of assets under management this week.

Only 14% of retirees over 55 took regulated advice and 4% took Pension Wise guidance before giving up work, according to a new report.

The Information Commissioner's Office has fined Halifax-based marketing company Parkin Beacher Ltd (PBL) £50,000 for making nearly 100,000 illegal marketing cold calls to people about their pensions.

The XPS DB Transfer Index rose sharply in July to end the month at £260,000, just short of the record high of £261,500 seen in July 2020.