Over half (53%) of 45-64-year-olds have never calculated when they can afford to retire, according to new research.

Financial Planning firm MAC Financial has acquired the business of Island Financial Solutions (IFS).

The Financial Planning community can expect to see more acquisitions soon from Independent Wealth Planners, chief executive David Inglesfield has told Financial Planning Today magazine's latest issue.

The FCA's controversial open-ended property fund changes could be a sensible move long term, according to Cedric Bucher, CEO of property firm Hearthstone Investments.

The CISI has appointed four new board members including executives from Brewin Dolphin, Barclays Wealth and Rathbone.

The ABI has given a muted welcome to plans by Pensions Minister Guy Opperman MP, announced at the weekend, to give DC pension scheme members a condensed pension annual statement of no more than two pages.

Industry fintech integration body Origo has spun off its standards and governance arm Criterion as an independent organisation.

A senior executive at retirement provider Just Group has called for pension savers in their early 50s to have pensions guidance sessions with the government’s Pension Wise service “automatically” booked for them.

Wealth manager and SIPP provider Mattioli Woods says its market is beginning to stabilise and it is planning further acquisitions.

Pensions Minister Guy Opperman plans to introduce simpler 2-page annual pension statements.