Three people have been banned from acting as pension trustees over suspicions that millions of pounds were scammed from investors whose pensions were transferred to schemes of which they were trustees.

The Chartered Institute for Securities & Investment’s new Level 6 Certificate in Pension Transfers & Planning Advice has received approval from the FCA, says the professional body.

National wealth manager Ascot Lloyd, which employs more than 100 advisers, has adopted Financial Planning-style cashflow modelling to provide a better analysis of clients’ financial circumstances.

Brown Shipley, the wealth and investment management firm, has added two new appointments to its Edinburgh office, including an executive from a Financial Planning firm bought by the company in 2015.

SIPP specialist Momentum Pensions has widened its range of investment choices to add passive, ethical and Sharia options as well as a guaranteed income investment and a tie-up with low cost fund provider Vanguard.

Equity release and later life provider Key Retirement has promoted Will Hale to chief executive and announced plans to increase its total number of equity release advisers to more than 200 by next year.

The Personal Finance Society has confirmed Thornton’s Sharon Sutton as its new President for 2017/18 and appointed ex-FCA technical specialist Rory Percival to its board.

Nearly three in 10 people place saving for retirement at the top of their savings agenda although the overall level of savings remains woeful, a new survey has found.

Nicky Morgan MP, the chair of the Treasury Committee, is urging the government to act soon to clarify the postion on cross-border pensions and insurance contracts post-Brexit amid fears of chaos.

The automated investment platform Fundment - promoted as a potential ‘robo-killer’ - has added a low cost SIPP option.