Losses due to pension scams more than tripled to nearly £5m in the month after the pension reforms took effect as liberation scams tripled, new figures suggest. Read more ...

Advice firms in Derby and Blackburn have been bought out by AFH Financial for over £1m in total. Read more ...

Wealth management firm St James’s Place has incurred an FSCS levy of £20m – nearly triple that of last year. Read more ...

The Government would be sending out an anti-saving message if it decides to scrap pension tax breaks for high earners, the Wealth Management Association says. Read more ...

The increased FSCS levy could mean total regulatory costs for Sipp operators in the sector could rise by an additional 75% this year when compared with 2014. Read more ...

Scores of companies are ‘dodging’ UK consumer protection rules and duping consumers into believing they are dealing with FCA regulated firms, it has been claimed.

Excessive early exit penalties have been placed at the heart of a three month probe into firms failing to make the new freedoms available to savers.

A company that employs 32 Paraplanners has announced the takeover of a rival Paraplanning firm. Read more ...

The Government’s three month probe into pension exit fees has been described as a “wakeup call to those providers who still think pensions born in the 1990s are fit for the 21st century”. Read more ...

A number of Financial Planners, including a former IFP president, have left Towry following the takeover of Ashcourt Rowan, the company has confirmed. Read more ...