Old Mutual Wealth has announced this morning that is capping exit fees at 1% for all customers aged 55 or over on older style pension contracts - ahead of an expected rule change next year.

The net public sector pension liability has risen to £1,493 billion, making it the single largest liability on the balance sheet, according to the National Audit Office.

Brexit will fuel demand for UK pensions to be moved out of Britain, a global advice firm’s chief executive claims.

Over 500,000 people have opened Help to Buy ISAs, according to new figures released by the Government.

Alliance Trust Savings has bolstered its intermediary sales team, with a new duo joining the company.

A former NHS finance boss who used to oversee budgets of over £400 million has been hired to help develop a new pensions website which has been likened to Compare the Market.

Uncertainty surrounding the outcome of the EU referendum in the lead up to the vote failed to dent new retirement sales at Legal and General, as the firm reported strong results today.

A former adviser on a James Bond film will offer tips to Financial Planners on dealing with risk and uncertainty.

Tax fraud investigators have arrested three men over a suspected attempt to fraudulently claim £300 million in Research and Development tax credits.

Millions of people appear to have unrealistic expectations about their retirement income, a savings body has said.