The Money Purchase Annual Allowance (MPAA) has created a pensions tax trap for millions of people aged over 55, according to new research.

Expanding Financial Planner and wealth manager Fairstone has acquired £200m FUM Lincolnshire Chartered Planner firm MT Financial Management.

The sale of failed firm Rowanmoor Personal Pensions Limited (RPPL) to SIPP and SSAS provider Alltrust completed on Friday 3 March 2023 following exchange of contracts in December 2022. 

The Pensions Dashboards Programme delay announced last week is “deeply frustrating”, according to a former pensions minister.

The Financial Ombudsman Service has today launched a consultation on proposed amendments to the way it reports business-specific complaints data. 

The Government-backed Private Members’ Bill which will extend auto-enrolment (AE) pensions to millions more younger people and low earners, is a “significant step forward”, according to investment and savings trade body TISA.

The Chartered Insurance Institute is revamping its troubled IT system this month, leaving some services out of action between 8 March and 19 March.

Wealth manager and Financial Planner group Kingswood Holdings has confirmed the potential sale of the company’s UK business operations.

The Investment Association, the fund managers’ trade body, is to join IOSCO, the global body for regulators and securities commissions, as an affiliate member.

In a surprise move today, the Government has backed a Private Members’ Bill which will extend auto-enrolment (AE) pensions to millions more younger people and low earners.