Stockport-based adviser Smith Holdings Ltd, trading as Life Time Independent, has been declared in default by the Financial Services Compensation Scheme (FSCS).

Nearly two thirds (63%) of advisers are concerned about the impact of the Government’s proposed lifetime pension provider model, a new report suggests.

The total value of people’s pensions peaks in their 50s while their ISAs peak in their 70s, according to new data published to coincide with Financial Planning Week.

Nearly half of Financial Planners (49%) who offer retirement advice report that recent pension tax allowance changes have spurred a boom in demand for advice, according to a new study.