Average assets per member of defined contribution pensions have fallen by 66% since the beginning of 2012, according to new data from The Pension Regulator.

The FCA has brought charges against nine people in relation to an unauthorised investment scheme promoted on social media.

Generation Z and Millennials are adopting “trader-like” open and active investment strategies, according to recent research by investment platform Charles Schwab.

Abrdn has relaunched two of its fixed income funds with an unconstrained approach due to the investment manager’s opinion that inflation volatility is “here to stay."

Wealth manager and Financial Planner Evelyn Partners has appointed Danielle Pearce as a Financial Planner and leader of its Bournemouth Financial Planning team.

The number of approved persons given the green light to work at appointed rep firms within three months of application has significantly improved in the latest quarter.

The Financial Services Compensation scheme has declared Macclesfield-based financial adviser Chestergate Financial Services Ltd (FRN: 459990) in default.

IFA directory Unbiased has seen a 48% surge over the past year in the number of advisers using its service to seek clients with assets of at least £500,000 to invest.

The FCA has instigated fraud proceedings against three people - Kristofer McGuire, Keith Williamson and Karla Walker - for their alleged involvement in an £8m high-risk trading scheme targeting pension savers. 

The ABI has welcomed the FCA’s plans to clarify the scope of their activity for firms interested in operating a Pensions Dashboard service.