The Bank of England’s Monetary Policy Committee has published a gloomy forecast on the UK economy as it votes maintain the Bank Base Rate at 0.1%.

Chartered Financial Planner Fairstone has announced a deal to acquire two more financial advice firms - making a total of four deals announced in the past month.

New research for the ABI has found that up to 1.6m people may be losing out on £19.4bn in unclaimed pensions when they move house.

Nearly half of UK adults (46%) plan to sort out their personal finances due to the virus outbreak with 13% of these people planning to seek a financial adviser for the first time.

Punter Southall Aspire, the Financial Planning and retirement savings business, is exiting the Master Trust pensions market to concentrate on Financial Planning.

Sesame Bankhall Group (SBG), one of the UK’s largest adviser networks, has today launched a ‘bounceback’ hub to help firms recover from the business impact of the Coronavirus outbreak.

The Financial Services Compensation Scheme has warned that it will reject many claims relating to the failed £236m mini-bond firm London Capital & Finance (LCF).

The Personal Finance Society has launched a website to support its ‘My Personal Finance Skills’ pro-bono financial awareness programme.

Protection insurer LV= has made payments of more than £2.5m so far in Coronavirus-related income protection and death claims to nearly 300 individuals and families.

UK wealth manager and Financial Planner Kingswood has completed the acquisition of US wealth manager Chalice and has signed terms to acquire a majority stake in a second US adviser, Manhattan Harbor Capital.