The Pensions Regulator has fined a firm £350,000 for failing to fully comply with its pension duties.

XPS has launched a ‘Competitive Tendering’ support service for trustees.

Close Brothers Asset Management (CBAM) has appointed Philip Young and Lucy Katzarova to support the expansion of its investment management service for high net worth clients. 

CashCalc, the cashflow planning software firm set up by a Chartered Financial Planner, has topped 12,000 registered account holders and £100bn funds under calculation.

Claims management companies (CMCs) - so-called ‘ambulance chasers’ - must do more to ensure their promotions do not mislead potential customers according to the FCA.

In response to the recent suggestion that the State Pension age should increase to 75, Aegon called on the Government to confirm pension freedoms will be available from age 55 even if the pension age is raised.

The rapid increase in DB transfer values has been the main spur to the rise in transfers and not greedy advisers seeking contingent charging fees, says AJ Bell.

Omnis Investments Limited, Openwork’s £7bn specialist asset management company, is launching nine new funds and the appointment of four new investment managers.

Expanding wealth manager and Financial Planner Sanlam UK has acquired a 55% stake in  Financial Planning firm Avidus Scott Lang (ASL), which is based in Cheshire.

The Pensions Regulator’s list of authorised master trusts has been updated this morning to include two additional schemes, bringing the total to 20.