The Financial Conduct Authority has reported that some promotions for financial products are falling short of its rules. It says firms need to do more to ensure that advertisements do not mislead consumers.

Andy Bell, chief executive of investment platform provider AJ Bell, has written to the Financial Secretary for the Treasury David Gauke urging the Government to scrap capped drawdown following the introduction of the new pension flexibilities in April 2015.

Royal Bank of Scotland is considering a sale of Coutts International, the overseas arm of the private bank and wealth manager, in a deal that could net £600m.

Only one in three people expect to stop working completely when they retire and phased retirement will become the new norm, according to a consumer study for Aegon which also shows that few people have a formal financial plan for retirement.

Mattioli Woods' subsidiary City Pensions has acquired the pension admin business of UK Wealth Management, part of Ashcourt Rowan, for up to £355,000.

An old type of ale which dates back to the time of the Vikings has been created by a finance firm.

Financial Planner should be made into a protected title as part of moves to bolster the perception and reputation of the profession, a Financial Planner has suggested.

A finance firm's chief executive believes the Budget reforms have genuinely unlocked customers' interest in their pensions for the first time and expects to see a rejuvenation in people seeking broader retirement advice.

A plan has been proposed to use auto-enrolment and the pensions system to deal with the pay day loans problem.

A chance for Financial Planners and other professionals in the industry to give their views on failings in the cash savings market ends today.