The Bank of England’s Monetary Policy Committee has voted 7-2 to maintain the bank’s base rate at 0.75% for November.

Defined benefit pension transfer values fell by 4% in October - one of the biggest declines seen in several years.

Jupiter has appointed former Schroders non-executive director Nichola Pease to be its new non-executive chair from March 2020. 

The Pensions Regulator says 16 million pension pots are now ‘better protected’ after all the existing schemes have been authorised and moved to the new rules.

Mercer has unveiled Mercer Money, a personal finance and ‘financial wellness’ platform allowing a company’s employees to manage their personal finances in one place.

FNZ, the fintech firm behind several UK platforms, has completed the takeover of Australian rival GBST Holdings, a provider of technology to capital markets and the wealth management sector.

Network Sesame Bankhall has announced a raft of management changes which will see group managing director Martin Shultheiss leave the business after only a year in the role.

Three new directors have been appointed to the Financial Conduct Authority board by the Treasury.

Scottish Friendly has completed the acquisition of a large book of life and pensions policies from Canada Life in a move which will see its assets under management more than double to over £5bn.

Nearly 6 in 10 wealth managers are turning away clients who fall below their minimum investment level with more adopting this strategy as costs rise and fees fall.