The Investment Association, the fund managers' trade body, has called on the financial services sector to work towards greater engagement with their clients' retirement choices and to build a stronger focus on retirement outcomes.

Nine workers at West Country Financial Planning firm Paradigm Norton have raised more than £8,000 for a baby loss charity by walking 26 miles along the Devon coastline.

The cash ISA allowance is looking unlikely to be cut next week, despite rumours circulating that Rachel Reeves could announce the move in her Mansion House speech on Tuesday 15 July.

The UK economy unexpectedly contracted in May, marking the second month in a row of falling output, with GDP down 0.1% after a 0.3% fall in April.

A total of 43 FCA staff were paid more than £200,000 each last year, analysis of the regulator’s annual report by Financial Planning Today has revealed.

The sheer scale of the financial scams and cons facing the UK came home to me this week with the publication of the FCA’s latest report on the many suspect financial promotions it had tackled over the past year.

Less than half, 48%, of mid-retirees aged 65-75 who do not pay for financial advice are confident they are on track to make their pension savings last for life.

The FCA suspended, removed or blocked more than 1,600 websites last year where it suspected them of promoting financial services products and services without permission.

The Financial Conduct Authority it to review its client categorisation rules to ‘unlock more opportunities for wealthy investors’.

Financial Planning community NextGen is to rebrand to Plannex to better reflect its membership and what it offers.