The Pensions Regulator has warned savers looking to transfer their pension pot during the Covid-19 outbreak that the move is “unlikely” to be in their best long term interests.

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Nearly half of wealthier investors will keep their portfolio’s exposure to stocks over the next six month and 37% plan to invest more, according to a new survey of global investors.

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Financial provider LV= says applications for its fixed term annuities have doubled over the past month.

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For most people working in Financial Planning the working day has changed radically since the outbreak of Coronavirus and working from home guidance from the government. In this occasional series we’ll be asking people working in the profession to tell us how they schedule their working days.

First David Inglesfield, chief executive of fast-growing Financial Planning and wealth management firm IWP (Independent Wealth Planners).

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The STAR initiative, the cross-industry group aiming to improve the transfer of pension and investment assets between providers, is to seek a new chairman following the decision by its chairman Tom McPhail of Hargreaves Lansdown to leave the industry.

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Wealth manager St James’s Place is to withhold a third of its proposed 2019 final dividend until the impact of the Coronavirus outbreak becomes clearer.

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Certified Financial Planner professionals in the UK are to offer consumers pro bono guidance on coping financially with the Coronavirus outbreak via a series of money guides.

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New research suggests that 1 in 10 over-55s (11%) have either accessed their pension early or plan to do so due to the Coronavirus outbreak.

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Financial Planning Today is today launching a raft of free services to help Financial Planning professionals find new jobs during the pandemic.

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The Financial Services Compensation Scheme has declared 12 failed regulated firms in default during March and will now consider claims for compensation from clients.

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