The FCA has revealed plans for changes on DB transfer advice this morning, including scrapping guidance that the adviser should start from the assumption that a transfer will be unsuitable.

The Personal Finance Society is calling for a new independent commission for savings to “avoid an intergenerational savings crisis”, ahead of the Queen’s Speech later this morning.

Eight Financial Planning bodies across Europe, including the CISI, have backed “fintech-enabled Financial Planning”.

Fraudsters have been using a 'cloned' Blackrock Asset Management website to try to cheat investors, the FCA has warned.

A £47 million bid has been lodged for DFM Thesis Asset Management.

Half of advisers use contingent charging for DB transfers, a report published this morning suggested, as an ex-FCA specialist urged the sector to ditch the method.

About seven in ten advisers refuse insistent DB clients if their advice is not to transfer, a survey indicates.

Two Sipp firms have reported profits in their latest results, with one returning to growth after two years of losses.

Businesses have been warned they could face “criminal consequences” if they carry out activities covered by MiFiD II but fail to obtain the necessary permissions.

An FCA probe into DB pension transfer advice may involve 50-100 firms.