Typical pension transfer values slumped to an “unprecedented” low of £181,000 at the end of September - a fall of 8% in one month, according to the latest XPS Pension Transfer index.
London-based Chartered Financial Planner Capital Asset Management has promoted Chirine Harb to be the firm's new chief operations office (COO).
Pensions and SIPP provider @SIPP has hired Matt Storey from XPS as its new head of business development.
Nearly six in 10 people (59%) in the Black community fear running out of money in retirement, a new survey has found.
The FCA has fined Barclays plc and Barclays Banks a provisional £50m over dealings with Qatari investors.
Financial advisers and industry experts have expressed concern about the ‘stealth tax’ threat from Inheritance Tax after receipts grew to £3.5bn for the latest six month period, up £400m year on year.
The Financial Services Compensation has declared an East Midlands financial adviser with several trading names as failed, opening the door to clients claiming compensation.
North London-based Engage Financial Services has made its first acquisition with a deal to buy lifestyle Financial Planning firm Kench & Co Financial Services from its parent accountancy firm.
Two former pension trustees are to face trial at Crown Court accused of arranging £700,000 in illegal loans and investments.
A major new consumer survey from the Financial Conduct Authority has revealed that 7.8m people are finding it hard to keep up with their bills - up 2.5m since 2020.