Pension savers could lose up to £58,500 in tax relief due to the “annual allowance minefield”, a savings firm has estimated.

Financial Planning fails to “set most people's pulses racing”, acting FCA chief executive has said.

More than half of advisers only use a single model portfolio service provider – despite the boom in model portfolios and providers since the implementation of the Retail Distribution Review.

The FCA has declined to say how much is being spent on its new website.

Tax framework proposals for the new secondary annuities market have been outlined this morning.

The former President of the Institute of Financial Planning says the sector needs to ‘innovate’ to ensure it is easy and affordable to see a Financial Planner.

The House of Commons will be given the power to reject future FCA chief executives.

Annuities may have become somewhat downtrodden with doom and gloom predictions since the pension reforms kicked in but new research suggests the younger generation are willing to give them a fair hearing.

About 500 small and 200 large advisory firms have been told their suitability reports must be sent to be assessed by the FCA.

Two Certified Financial Planners are wanted by a worldwide Financial Planning body to sit on its board.