The FCA has warned that scammers are cloning the name and details of a well-known asset management firm to try to cheat investors.

Inflation, as measured by the Consumer Prices Index, rose from 3% in October to 3.1% in November although falling prices for products such as travel goods and financial services prevented a bigger rise.

The FCA has today published consultation documents on its approach to authorising firms and its competition rules to see if its powers need to be made more transparent to users.

Pension transfer values remain stable during November, figures showed today.

Nearly half (47%) of retirees are unaware of the pension freedoms or the options available to them to access their pensions, according to research by Old Mutual Wealth and YouGov.

MPs on the Commons Work and Pensions Committee have urged the Government to ban pension cold calls by June 2018 and to introduce compulsory consumer guidance before pension pots can be accessed.

Insurance industry pay out record £160m a day

Financial advisers are becoming more apprehensive about increased regulatory change, according to Canada Life’s latest research.

Proposed changes to income tax bands in Scotland could cause pension chaos for consumers, advisers and pension providers,  platform and Sipp provider AJ Bell has warned.

New research has found that 44% of millennials feel they need financial guidance as they are ‘confused’ about the savings landscape.