As stakeholder pensions are set to reach 18 years old Hargreaves Lansdown has revealed six out of the biggest 10 funds have underperformed.

The Government’s consultation on the proposed Pensions Dashboard has concluded and the report, published yesterday, pledged primary legislation to make it a reality.

Sanlam UK’s wealth management division has entered into a multi-year agreement with BNY Mellon’s Pershing, a provider of trading, clearing, settlement and custody services.

NS&I has confirmed that it is to extend its operational services contract with Atos by an additional three years after the original contract period from 2014-2021.

The news this week that the FCA will commission an independent report into its handling of the LC&F mini-bond scandal is not an admission of guilt but it is perhaps the first sign that regulation failed investors who had the misfortune to use this company.

St James’s Place Wealth Management is among the latest firms to join the Protection Distribution Group (PDG).

The Financial Services Compensation Scheme (FSCS) is to pay compensation to 2,500 clients of discretionary fund manager Strand Capital, which became insolvent in 2017.

A group of fraudsters were jailed for a combined 17 years and nine months today for their part in an elaborate wine investment scam which conned nearly £1m out of investors, many of which were elderly and vulnerable.

Pension savers will now be putting away more in their pots, as part of an increase in auto-enrolment minimum contributions, from 5% of qualifying earnings to 8%.

The Financial Ombudsman Service has expanded its remit to include more small business and claims management companies, so called ‘ambulance chasers’.