Almost 300 people fully encashed a pension of more than £250,000 after tax-free cash between October 2023 and March 2024, paying a minimum £98,700 each in tax in the process, according to new analysis of FCA figures by Standard Life.

The Treasury has launched a new gilt offering the equivalent of 5.375% interest until January 2056 but investors need to act quickly, says AJ Bell, as orders need to be made through the platform by 2.30pm today.

Last year 15.8m UK adults who likely needed financial guidance failed to receive regulated financial advice, the FCA has revealed in its new Financial Lives 2024 survey.

Despite market turmoil in recent times, platforms enjoyed their best net sales for 3 years in Q1, according to platform consultant Fundscape.

The vast majority of financial advisers (78%) believe that US President Trump’s sweeping tariffs will cut clients’ appetite to invest.

A financial adviser and ISA provider has gone into administration a few days after the FSCS launched an investigation into the firm.

HMRC has ordered a struck-off solicitor and former barrister to stop promoting two tax avoidance schemes.

4 in 5 (79%) of financial advisers believe delays in pension transfers have had a moderate or severe impact on client trust, according to a new report.

Just 8.6% of those surveyed by the FCA for its latest Financial Lives survey had received financial advice on investments, pensions or retirement planning in the previous 12 months.

Wealth manager Brooks Macdonald has appointed Karen Charlery as chief operating officer.