Baroness Altmann has hit out at coverage of her comments on changing the triple lock pensions policy, saying her words have been “grossly misrepresented”.

About 330 people applied to become a Financial Planning trainee on a company apprentice scheme, Financial Planning Today has been told.

A pension liberation company has been shut down after an Insolvency Service investigation, which uncovered investments of over £3.3million.

The FCA is weighing up changes in how levels of redress are calculated for cases of unsuitable advice on DB pension transfers.

The first change in interest rates in over seven years “looks almost certain” to be made this week by the Bank of England.

Financial Planning business Ascot Lloyd has bought advice firm Harvard Financial Management.

A former Hargreaves Lansdown and Tilney Bestinvest adviser has been hired by Architas as its new investment director as part of moves to improve communication with clients.

About three quarters of Financial Planning professionals believe the sector is set for growth in the longer term.

More than a third (36%) of Financial Planners believe that Brexit will have a negative effective on clients, a poll for Financial Planning Today magazine has indicated.

A building society has begun offering face-to-face financial advice from today.