The top 20% best paid pensioners saw their incomes rise by 9% annually - equivalent to £2,496 every year - over the decade up to 2022/23, according to new analysis.

The FCA has revoked permission to carry out regulated business of City of London-based Portia Investment Advisors Ltd (FRN582587) after it failed to confirm required details of authorised directors.

AJ Bell’s adviser platform Investcentre has axed or cut several custody charges on its platform and is increasing the amount of interest paid on clients’ cash.