New figures from the FCA published today have revealed that the total number of pension plans accessed for the first time rose by 8.6% to 961,575 compared to 885,455 in 2023/24.

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Fintech and adviser support services firm Fintel, owner of SimplyBiz and Defaqto, said group revenue increased by 18.6% to £42.4m in the six months to the end of July.

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Fast-growing financial Planner Finli Group, formerly Solomon Capital Holdings, has appointed former Brown Shipley CEO Calum Brewster to be chief commercial officer.

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Unless there is a big surge in inflation in the next two months, the state pension will rise by 4.7% next April.

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More than a third, 36%, of Gen Xers aged between 44-59 are in the dark when it comes to knowing about their parents’ inheritance plans.

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Workplace savings and pensions provider Scottish Widows has extended Origo’s Unipass Letter of Authority across its business to cut turnaround times and improve the quality of information.

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The UK's investment gap grew by more than 30% between 2022 and 2024, with around 15m adults now holding more than £610bn of “possible investments” in cash, according to analysis of official data.

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While more than a fifth, 21% of Financial Planning firms have embedded AI into their business, almost a quarter, 23%, have not yet started adopting the technology.

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Pension and investment provider Aegon has launched a new app for workplace pension members, which it claimed will help people engage with their money and navigate key financial moments.

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Fraudsters are using increasingly sophisticated impersonation techniques to access savers' pensions, according to the Pensions Regulator.

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