An FCA probe into 13 advisory firms found many failed to show consistently good practice when undertaking research and due diligence across all products and services.

Pensions and retirement income have moved above ISAs to the top of the Canada Life table for most in-demand products.

The number of adviser firms using the Standard Life wrap platform increased by 123 to 1,463 last year.

Dentons Pension Management and Transact have joined forces to launch a new Sipp and a “more joined-up proposition”.

The ABI has calculated that a new Pensions ISA could lower savings by around a sixth.

Finance firms have been warned that they will have to adapt to rising volumes of complaints via websites like Twitter and Facebook.

Openwork’s chief says advisers will be able to see a clear path to owning the network of 600 advisory firms after Zurich agreed to divest its 25 per cent shareholding within four years.

Consumers want simpler, clearer information from providers when accessing their pensions under the new freedoms, a report has concluded.

A swathe of savers could be leading a pensions exodus as they head instead towards ISAs if the Chancellor opts for a flat rate of tax relief, new research has suggested.

Rising numbers of people aged 55 or above are being targeted by scammers by phone, text or email, polling has suggested.