Nearly half (47%) of 55 to 64-year-olds are unaware that deferring the State Pension can boost their retirement income significantly when they start to claim their pension benefits.

Wealth manager Brewin Dolphin saw a surge in income from Financial Planning in the half year ended in March despite a slip overall in profits and plans to cut costs.

The Coronavirus has resulted in a 30% fall in request for pension transfer quotes at one provider - seen as an indicator of future transfer activity.

The fall in the FTSE 100 since the Coronavirus outbreak is a ‘strong investment opportunity’, according to many investors.

How the Financial Planning profession is meeting the immense challenge of Coronavirus is just one of the exclusive features in the latest edition of Financial Planning Today magazine.

Investment provider Hargreaves Lansdown has warned that its FSCS levy could nearly double in the coming year from £6.8m to £13m.

Retirement solutions and platform provider Embark is planning a tie-up with Openwork, one of the UK’s largest adviser networks, which will see Embark's new Advance platform become the lead supplier to Openwork’s 2,000 advisers for five years until 2026.

Platforms were hit by a 12% drop in Assets Under Administration (AUA) in the first quarter of this year, according to analysis by the lang cat consultancy.

A survey of UK financial advisers has revealed that 69% plan to review their investment strategies in the wake of the Coronavirus.

Former Pensions Minister Baroness Ros Altmann has questioned whether the pensions Triple Lock is the best way to protect state pensioners in future.