Pension provider Selectapension has apologised after suspending DB pension transfer business following an FCA audit.

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The FCA has published its annual report and accounts, ahead of its public meeting on the 18th July at the Queen Elizabeth II conference centre in London.

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Some 50% of annuity customers stick with their original pension provider rather than shopping around - losing out on a potential £765m worth of extra income, research has shown.

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FCA chief executive Andrew Bailey says the regulator will provide technical support to the government on Brexit as the FCA gears up to ensure as smooth a transition as possible to a post-EU financial sector.

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Major platform provider AJ Bell has appointed a new sales director who will work mainly on SIPP products.

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Thesis Asset Management is to add two of its model portfolios to the Seven Investment Management platform.

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Standard Life is to add its international bond to the Elevate platform it recently purchased.

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RWC Partners, which has £9bn in funds under management, has launched a range of its SICAV funds on Fidelity FundsNetwork aimed at DFM clients.

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Three advisers who have given up their time for free have been rewarded for their outstanding service to the public.

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A Chartered Financial Planner has accused IFA directory service Unbiased of letting down the public as he prepares to launch his own nationwide adviser directory to compete with Unbiased.

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