Nearly a fifth of consumers may be planning to withdraw cash from pensions to drip-feed it into an ISA once they turn 55, according to new data.

The Financial Planning arm of Standard Life has struck a deal to take over an IFA firm and create a new East Anglia office.

Paraplanners have been urged to get involved in the CISI’s new Paraplanners Interest Group.

A new scheme giving 3.5 million people a government-backed bonus on their savings may risk becoming a new mis-selling scandal, the former Pensions Minister has suggested.

A savings body has cast doubts over whether a major review into the advice market will have any immediate impact.

A financial adviser who launched his own robo-advice business last year says he has no worries that the FAMR report might help potential rivals more than his own firm and believes it will have a beneficial knock on effect.

Pension holders should be able take out a small amount from their pot to pay for pre-retirement advice, a major review has proposed.

The FSCS and Financial Ombudsman Service could both be set to undergo significant reforms after recommendations published this morning by the FAMR.

The FCA has been told it should aid firms that are developing robo-advice services to make them ready for consumers more quickly.

There is a “clear need for intervention” in the advice market from the FCA and government, a major review has concluded.