In the six months after the launch of the new State Pension in April more than 1.5 million personal State Pension forecasts were issued, says the Department for Work and Pensions.

Ratings agency Moody’s has warned that the FCA’s review of the value of active fund management could hit fund managers profits if major reform takes place.

The discretionary investment manager PortfolioMetrix has begun a ‘strategic partnership’ with platform Praemium which will combine PortfolioMetrix’s investment planning tools and Premium’s suite of investment platform services.

The financial services sector’s confidence in the UK’s economic prospects has slipped to its lowest level since 2012, according to a survey by the Chartered Institute for Securities & Investment (CISI).

Research of the fund management sector has found that the number of female fund managers in the UK has remained at 13% - the same as in 2008.

People appear to be spending more time discussing money issues with friends and family post-Brexit but there is a growing north-south divide in the amount of time individuals discuss money matters.

More than half of women in the UK have no form of financial protection in the event of a disaster, they have told a survey which highlights that more than 13m women lack a financial safety net if they hit hard times.

The FCA is consulting on proposals to introduce two new regulatory returns into Chapter 16 of the Supervision manual (SUP 16) to collect data about the retirement income market from providers of retirement income products.

Financial Planner Lee Hurst is launching his own wealth management firm in Harrogate to capitalise on what he believes is increasing demand for financial advice following the pension freedoms and recent regulatory changes.

The men behind a financial ‘boiler room’ investment-pushing operation that ripped off 193 mainly elderly and vulnerable victims - cheating them out of £7.5m - have been jailed for a total of 35.5 years following an investigation by the City of London Police fraud teams.