Veteran Labour MP Pat McFadden has been appointed the new Work and Pensions Secretary in the latest Cabinet reshuffle, following the resignation of Angela Rayner on Friday.

Savings and retirement provider Phoenix will rebrand fully as Standard Life, one of its existing brands, from next March.

Former NASA physicist John Burford has been sentenced to two years in prison in a £1m UK investment fraud case, following a prosecution brought by the FCA.

The Chancellor Rachel Reeves risks a new ‘omnishambles’ Budget if she raids pension tax relief, a former Pensions Minister has warned.

Operations outsourcing firm eparaplan has rebranded to Yoke Global Limited to better reflect the services it offers financial advisers.

Deputy Prime Minister and Housing Secretary Angela Rayner has resigned from the government after an investigation into her tax affairs concluded she breached the ministerial code.

Fintech and investment provider Timeline has launched its first multi-asset fund, after receiving regulatory approval by the FCA.

Pension savers rushed to withdraw their 25% tax-free cash in the 2024/25 financial year, according to new FCA data.

The FCA has revoked the authorisation of Manchester-based claims management firm Financial Recovery Solutions Ltd (FRN: 836358) because it said that it considers that the firm is carrying on no regulated activity.

Two-fifths, 39%, of people say a guaranteed income would be their main priority in retirement.