HMRC is set to issue thousands of pounds of refunds to taxpayers who were unfairly penalised for failing to notify HMRC that they were liable to the Higher Income Child Benefit tax charge.

Fraudsters are using the details of 7IM and Royal London, the FCA has warned.

The launch, by the FCA and The Pensions Regulator yesterday, of a joint regulatory strategy aimed at taking action to deliver better outcomes for pension consumers has been backed by the profession.

UK CPI inflation fell more than expected in September after hitting a six-month high in August, new figures have revealed.