The over-90s population in England and Wales grew by 2.1% over 2022 to a record high of 550,835 people, according to data from the Office for National Statistics.

The Institute for Financial Wellbeing (IFW), a non-profit body encouraging financial wellbeing, is to launch a new monthly YouTube show - The Financial Wellbeing Show - on Monday to coincide with ‘Blue  Monday’ - often cited as the ‘most depressing day of the year.’

The Financial Services Compensation Scheme plans to increase its workforce by about 25% by 2024/25 to cope with a surge in complex cases, the body has confirmed to Financial Planning Today.

National Chartered Financial Planning-focused firm Fairstone has revamped its client charging structure and cut its ongoing charge for standard clients by 20 basis points to 0.8%.

The number of defined contribution pension transfers in 2023 soared by 22% to 1.2m despite predictions of a decline in the market.

Many pension trustees are falling short of the standards of The Pension Regulator’s codes, the regulator has warned.

The NHS Business Services Authority (NHSBSA) has opened a claim back scheme to compensate NHS pension scheme members who have suffered a financial loss due to discrimination.

Government-backed NS&I is to reduce the prize fund rate for Premium Bonds from 4.65% to 4.40% from its March draw.

Canada Life has launched a CPD training programme in behavioural psychology for Financial Planners.

Too many Financial Planners are relying on averages for their retirement income planning process, according to DFM Hymans Robertson Investment Services.