A leading industry body has urged pension providers to continue to implement their Pensions Dashboards plans, including how they will connect to the central digital architecture.

Therese Chambers, director of consumer investments at the FCA, has revealed more details of the advice/guidance review, including the fact it will be a joint enterprise between the FCA and the Treasury.

The Pensions Scams Industry Group (PSIG), the voluntary body set up to support trustees, providers and administrators in combating pension scams, has launched an ‘Interim Practitioner Guide’ which details the key due diligence steps to undertake when assessing a pension transfer. 

Clients are dipping into their pensions to help family out during the cost of living crisis, according to new research.

Ken Davy, the founder of Fintel - the financial fintech and support services firm which owns SimplyBiz and Defaqto - is to step down as chair in May.

The inheritance tax take for 2022-23 to the end of February stands at £6.4bn, exceeding the £6.1bn the Treasury received during the whole of the 2021-22 financial year.

The Financial Conduct Authority says it is concerned about weaknesses in ESG benchmarks, telling administrators in a letter that disclosures are “poor.”

More than half of High Net Worth clients (52%) have been victims of crime in the past 12 months, with their average loss £72,000.

XPS Pension Group’s Transfer Value Index fell by 4% in February to £168,000, the lowest month-end value since the Index was first published in June 2016.

Fast growing wealth manager and Financial Planner Perspective Group has acquired three financial advice firms, adding a total of £515m in Assets Under Management.