Platforms and pensions consultancy the lang cat, has hit out at direct investment charging structures, which it says leave investors with “all the pieces of a jigsaw puzzle but no clear picture of what the finished version should look like.”   

Plans to beef up the powers of The Pensions Regulator have won the backing of a specialist law firm which deals with pensions and retirement savings.

Beaufort Financial, the national partnership of independent financial advisers, has added two are Midlands firms, in Worcestershire and Nottinghamshire.

AFH, the expanding Financial Planning-focused advisory firm founded by a Chartered Financial Planner, has bought Yorkshire Chartered Financial Planning firm Thomas Heald in a deal worth £5m.

Rowanmoor Executive Pensions has revealed a 214% increase in profitability and a 7% increase in client numbers, according to its latest figures.

Cashflow planning software firm CashCalc has unveiled a revamp of its offering and has launched a new tool.

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Goldman Sachs is to launch a consumer bank in the UK, with what is believed to be the highest interest rate in the country.

Polling by IFA firm Chase de Vere in conjunction with Lightbulb, an independent research company, showed that employers were not willing to spend money to provide financial advice for their employees despite understanding the benefits of doing so.

A document, released under freedom of information laws, has shown The Pensions Regulator has called on pension schemes to cut transfer values.