It appears that the Consumer Duty has resulted in several positive outcomes, however one thing it has failed to shift is the mountain of paperwork which still deluges most clients.
The FCA has revoked the authorisation of Manchester-based claims management firm Barclay Blackthorn Legal Services Ltd (FRN: 836619) because it said that it considers that the firm is carrying on no regulated activity.
More than 40m pension records have connected to the Pensions Dashboards ecosystem since April.
Advised platform AUM climbed 4.36% in the second quarter to £671.39bn, according to new data.
The State Pension could climb by more than £550 next year thanks to the triple lock, as earnings growth outpaces inflation.
Chancellor Rachel Reeves is reportedly considering cutting the tax-free pension commencement lump sum in a bid to save more than £2bn a year for the Treasury.
HMRC has warned users of its Self Assessment system to remain vigilant to scams that claim to be from the department.
Those earning over £100,000 could face paying over £7,000 in extra income tax if the current freeze on tax thresholds - due to end in 2028 - is extended to 2030, according to a new report.
Aegon’s adviser platform saw a drop in net outflows to £1,447m in the first half of 2025.
The Society of Pension Professionals has called for pensions automatic enrolment to be extended to the self-employed.