News

Revenue earned from retail investment intermediation in 2022 increased by 3 per cent to £5.5bn and reported revenue earned from mortgage broking rose by 12 per cent to £1.58bn compared to the...

LCP has promoted its head of financial wellbeing Heidi Allan to principal head of financial wellbeing. Allan was previously LCP’s head of financial wellbeing. Allan describes this role as multi-faceted which encompasses...

SEI has issued a warning saying that pausing contributions for two years could cost savers £27,000 in total retirement funds. Figures published by the Financial Conduct Authority (FCA) show an increase in...

Incentives wield a stronger influence on exercise levels among individuals over 50 than their younger counterparts, according to Vitality. According to data analysing members' exercise habits, older and more active members exhibit...

The Bank of England raised the base rate by 0.25 per cent to 5.25 per cent today. This represents the Bank's 14th consecutive increase and takes base rate to 5.25 per cent,...

Firms should give more guidance to customers because of their new consumer duty obligations, the FCA says, as it sets out the parameters of its joint review of the Advice Guidance Boundary...

Border to Coast Pensions Partnership, in line with its 2021 commitment to promoting a low carbon economy, confirms that it has made £8.3bn worth of investments in climate solutions. According to the...

Smart Pension partners with Punter Southall to provide 'Pension Potential' annuity comparison tool to help its million-plus members maximise their retirement savings and make informed decisions about researching, comparing and buying annuities.  ...

The number of members transferring out of defined benefit schemes has halved compared to pre-pandemic levels, according to Barnett Waddingham. The most recent analysis of cash equivalent transfer values (CETVs) by Barnett...

Almost three million low earners currently excluded from the UK workplace pension savings system could be safely brought within the scope of auto-enrolment, according to the Pensions and Lifetime Savings Association (PLSA)....