In 2020/21 61.3% of pension pots over £50,000 cashed in were withdrawn without financial advice, a rise from the 58.9% seen the previous year.

The Financial Conduct Authority is to launch two market studies to investigate access and competition in the wholesale data market.

Investment management and Financial Planning group Rathbones has increased funds under management and administration (FUMA) by 25%, according to the first trading update since the completion of its acquisition of Saunderson House.

One fifth (22%) of women consider themselves worse off financially compared to a year ago due to the Coronavirus pandemic, according to new research.

The Financial Services Compensation Scheme has told clients of failed SIPP provider Forthplus Pensions to bring claims against their financial advisers.

The Financial Planning market can expect to see increased interest in acquisitions from private equity firms in the first half of 2022, according to Tilney Smith & Williamson.

The Financial Services Compensation Scheme has increased its running costs budget forecast for 2022/23 to £95.5m.

From 24 January the new authorisation fee structure from the Financial Conduct Authority (FCA) will see Financial Planning firms pay a standard authorisation fee of £2,500.

Quilter Financial Advisers has appointed former Brooks Madonald financial advice lead Adrian Keane-Munday as its national sales director.

Two thirds (64%) of savers are concerned about the impact that inflation will have on their personal finances, according to a new report.