Online advice will never be a "real threat" to Financial Planning with internet services complementing rather than taking over the role, a Financial Planner believes.

Inflation has fallen over the last month, the latest figures showed this morning, with an annuities expert saying it was welcome news for retirees.

People turning 65 this year can expect to average nearly 20 years in retirement, according to new analysis.

A move by the Government designed to boost savers' pension funds by cutting down on 'excessive' charges may hit companies' incomes by £1bn – five times more than previously suggested.

A series of workshops to help companies deal with transitioning legacy assets and the 'sunset clause' have been launched.

The Institute of Financial Planning has reported a £17,589 loss before tax – the first time in four years it has not made a profit.

More people would find it easier to explain the existence of ghosts and detail the offside rule than would be able to describe annuities and pensions.

An investigation is to be carried out into the transparency of investment and fund management costs.

A new criminal offence brought in as part of measures to crackdown on undeclared offshore tax liabilities is 'hugely controversial', the Chartered Institute of Taxation says.

The Financial Conduct Authority is seeking to find out if it has applied its rules too demandingly in hindsight.