The majority of investors were expecting yesterday’s figures from the Office of National Statistics to mark the start of a recession and more than two in five think it will be worse than the financial crisis, according to a new survey.

Insurers paid £90m over 7,000 life insurance claims to the families of people who died due to the Coronavirus pandemic between 1^st March and 31^st May 2020.

Defined benefit transfer values increased to another record high during July, according to a new report.

Insurance industry veteran John Hastings-Bass will replace founding chairman Chris Gibson-Smith at retirement specialist Just Group.

Nine in ten Financial Planners are now using some form of video communication technology, in comparison to less than 46% a year ago who expected to use it more in the future, according to our Financial Planning Profession Survey.

Two in five (40%) of people aged 18 to 34 have stopped (12%) or reduced (28%) pension contributions as a result of the Coronavirus pandemic, according to a new report.

The UK economy has officially entered recession with two straight quarters of economic decline for the first time in 11 years, according to official Government GDP figures.

The City of London Police have recovered £3m from a former Hertfordshire-based HBFS Financial Services boss who was found guilty of running a Ponzi-scheme in 2018.

The Personal Finance Society has launched an Associate Firm membership for Financial Planning firms that want to show their alignment to the professional standards and code of ethics set by the professional body.

Today’s Office of National Statistics figures on the UK labour market showed it is the youngest and the oldest in the workforce who are most likely to have been made redundant as a result of the Coronavirus pandemic.