More than seven in 10 adults (38m people) say that in the last 12 months their household has saved money as a result of reduced spending due to Covid-19, with 4.4m of households saving over £10,000 each.

The Pensions Dashboards Programme (PDP) has moved on a stage today with the opening of tenders for a supplier to provide the digital architecture that will allow people to view their pensions via their chosen dashboard. 

Three people have appeared in court in London today in connection with an investigation into an alleged £13.7m pension fraud. 

Most of the 11,500 former clients of failed wealth manager and DFM provider Reyker Securities plc have got their money back after intervention by the Financial Services Compensation Scheme.

International wealth manager deVere Group has set up a “strategic partnership” with UK Financial Planner Fidelius Group to serve expats returning to the UK.

Platform provider Praemium has opened an office in the Scottish Centre of Fintech Excellence in Edinburgh as part of international expansion plans.

London-based Waverton Investment Management Group has expanded its Financial Planning interests with the acquisition today of Scottish wealth manager and Financial Planner Cornerstone Asset Management.

DB pension transfer values recovered in March after dipping in February, according to the monthly XPS Transfer Watch.

Bamford Media, the company set up by leading Financial Planner Martin Bamford four years ago, has relaunched with a new name after the pandemic forced the business to make staff redundant and close its office.

Six in ten Financial Planners expect to see an increase in assets under advice despite over half seeing their firms’ growth plans disrupted by the Coronavirus pandemic, according to new research.