One in 3 over 55s with a private pensions have more than one pension pot but this group are the least likely to consider consolidating multiple pensions, according to new research.

Chancellor Sajid Javid has confirmed that consultation on the future of the Retail Prices Index - used to set many annual pension scheme increases - will begin when he presents his Budget on 11 March.

Wealth manager St James’s Place has dropped plans to acquire Dublin-based Irish Financial Planner firm Harvest Financial Services Limited.

Platform and SIPP provider AJ Bell has launched its new Retirement Investment Account (RIA) today, designed to be a new low-cost pension with a ‘streamlined’ investment proposition.

The Financial Conduct Authority has secured High Court approval to return £2.5m to victims of a series of unauthorised collective investment schemes (UCIS).

The Chartered Institute for Securities & Investment has appointed Financial Planning Today columnist and experienced Paraplanner Dan Atkinson, APP Chartered MCSI as the new chairman of the CISI Paraplanner Interest Group (PIG).

The Personal Finance Society is to launch a campaign to “weed out” rogue firms operating in the Claims Management Company (CMC) sector.

Moola, one of the smaller robo-advice firms, is to shut its doors in February after changing hands several times over the last few years.

Former Pensions Minister Sir Steve Webb is to join pensions and investment consultancy Lane Clark & Peacock LLP as a partner.

Sesame Bankhall Group (SBG) has recruited Michele Golunska, Aviva UK’s operations director, as its new chief executive.