A nationwide survey of 1,000 middle income earners aged 45 to 55 has found that one in eight have no idea when they will be able to retire despite having a higher than average income.

The UK’s top 10% earners have had to work hardest to maintain their standard of living due to the impact of inflation over the past 20 years, according to a study from Financial Planning and wealth management firm Tilney.

The Financial Conduct Authority has today gone live with its new Asset Management Authorisation Hub which is designed to help new firms launch fund management services.

Wealth manager and Financial Planning group Sanlam UK has hired former journalist Charlie Parker as its new head of portfolio management.

A government-backed working party has found that sending pension savers a single A4 ‘Pension Passport’ sheet summarising their pension pot can improve consumer action and engagement significantly.

HM Revenue and Customs says it has won what it believes to be a landmark case against a tax avoidance scheme promoter that could lead to it recovering £110 million in lost tax revenue.

A leading pensions administrator is calling for pension holders who shift their pensions overseas purely for tax gains to pay more for the privilege as it warns the trend is placing an unnecessary burden on UK taxpayers.

Royal London Asset Management has unveiled a pair of global equity funds to be steered by managers recruited from discretionary manager Waverton.

More than 500,000 people are continuing to work past retirement age as ’silver entrepreneurs’ and the growing numbers require a new approach to auto-enrolment and pensions policy, according to the provider which carried out the research.

The Financial Conduct Authority has banned big spending Colette Chiesa and husband Mr John Chiesa from working in financial services for integrity failings after their firm collapsed and they “misled” a trustee about their wealth.