Only one in 50 (2 %) people would pay over £1,000 for advice on a defined contribution pension pot worth £61,000, research from Citizens Advice has found.

Research for Prudential has found that one in five couples aged 40+ have never discussed retirement planning and nearly half have no idea what their retirement income will be. Read more ...

TISA, the tax-incentivised savings association, is warning that moves towards a pension Isa would be counter-productive as it would destabilise workplace pension saving without offering a superior outcome for savers and would also result in limited future tax revenues. Read more ...

Old Mutual has confirmed the appointment of Bruce Hemphill as group chief executive following the resignation of Julian Roberts in April.

The Institute of Financial Planning has now officially merged with the Chartered Institute of Securities and Investment as of 1 November and CISI welcome packs are on their way this week to IFP members.

From December FundsNetwork is to offer a range of the most popular investment trusts and exchange traded products on its platform. Read more ...

Sandringham Financial Partners has launched an auto-enrolment (AE) consultancy to support partners working to deliver auto-enrolment solutions for business clients. Read more ...

Tilney Bestinvest, the investment and Financial Planning group, has appointed a new Financial Planner as part of its aim to expand its Financial Planning team.

Kames is launching an emerging market bond fund which will invest primarily in investment grade debt of EM sovereigns and corporates primarily through hard currency. Read more ...

Plans for a new industry code on vulnerable customers at renewal and to publish industry data on how many claims are accepted for motor, property and travel products, will be announced by ABI chairman and AXA UK CEO Paul Evans today.