The average age of billionaires has dropped by 11 years since 2014 to 47 years old, according to a new report.

County Durham-based firm D&G Financial Services Ltd (FRN: 208521) has been declared in default by the Financial Services Compensation Scheme.

Boston Multi Family Office has acquired the Isle of Man fiduciary business of Turnstone.

The Financial Services Compensation Scheme, the government-backed investor safety net, is to expand its number of expert staff to cope with a rise in complex cases.

Too many Financial Planners are relying on averages for their retirement income planning process, according to DFM Hymans Robertson Investment Services.

Canada Life has launched a CPD training programme in behavioural psychology for Financial Planners.

Government-backed NS&I is to reduce the prize fund rate for Premium Bonds from 4.65% to 4.40% from its March draw.

The NHS Business Services Authority (NHSBSA) has opened a claim back scheme to compensate NHS pension scheme members who have suffered a financial loss due to discrimination.

Many pension trustees are falling short of the standards of The Pension Regulator’s codes, the regulator has warned.

The number of defined contribution pension transfers in 2023 soared by 22% to 1.2m despite predictions of a decline in the market.