Independent wrap platform Ascentric has announced the appointment of Rob Regan as chief executive.

Royal London has reported “strong” new business and profit growth.

Royal London has reported first half new life and pensions business up 45% year on year to over £6bn thanks to growth in several areas, including income drawdown, but has voiced concern about some aspects of income drawdown growth.

Radical reforms to pensions that enable them to be taxed like ISAs would endanger the chances of creating a national savings culture, a pension firm chief claims. Read more...