Average pension transfer values in May fell to £217,000, the lowest level seen since June 2016, as the number of transfers raising one or more warning flags rose to 83%.

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Standard Life has reduced its personal pension charges for its AMPP and SIPP products to boost their appeal to financial advisers' clients.

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Jupiter CEO Andrew Formica is to retire as CEO in October and return to his native Australia after three years with the fund manager.

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Financial Planning firm Progeny has agreed to acquire The Fry Group for an undisclosed sum.

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The number of new complaints logged with the Financial Ombudsman Service (FOS) fell 34% in 2021/22.

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National IFA firm Chase de Vere is on the hunt for further acquisitions as former acquisitions helped push the firm to its best ever operating profit in 2021.

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The Personal Financial Society (PFS) has asked the Financial Conduct Authority (FCA) to reconsider its plans for assessing the amount of compensation owed to British Steel pension scheme (BSPS) members.

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Adviser platform Novia saw a 6% rise in assets under administration for the year ended 31 December 2021.

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Hargreaves Lansdown has added a ‘pay by bank’ service as its first move into Open Banking.

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The population of England and Wales is ageing, with almost one in five (18.6%) of people age 65 and over, according to the first Census 2021 estimates.

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