A new cross-sector Retirement Income Taskforce (RIT), supported by the Consumer Duty Alliance (CDA), is being launched to collectively tackle the mounting and multiple challenges facing the public and sector alike, writes Keith Richards, CEO of the Consumer Duty Alliance.

The FCA has instigated criminal proceedings against Lee Steven Maggs, 38, of Sittingbourne, Kent, for two counts of fraud and one count of breaching the Financial Services and Markets Act 2000 (FSMA). 

Former Labour minister and lifelong pensions and anti-poverty campaigner Frank Field, Lord Field of Birkenhead, has died at 81 after a long battle against prostate cancer.