Industry pension experts have expressed concern about new FCA retirement income data revealing that more than 40% of pension savers are withdrawing from their pension pot at an annual rate of 8% or more.

US fintech SS&C Technologies Holdings is to acquire the UK B2B investment platform Hubwise Holdings for an undisclosed sum. 

Treasury Committee MPs have questioned FCA CEO Nikhil Rathi over the regulator’s bonus scheme, fee rises and backlogs in firm authorisations.

Savings and retirement provider Phoenix Group has recruited Anna Franekova as corporate development director to spearhead its acquisition strategy.

Financial Planners expect little impact from the Government’s plans to move England into tougher Coronavirus pandemic restrictions.

Wenda Field, former chief sales officer at Intelliflo, has been appointed chief commercial officer UK at platform engine FNZ.

Fidelity's adviser platform FundsNetwork has added discretionary fund manager 7IM’s range of active model portfolios (MPS).

People with assets of over £250,000 are more likely to discuss their plans for passing on wealth with an adviser than their families, according to new research.

The FCA has barred another credit broker suspected of offering investments as concern grows about a network of credit brokers misusing their permissions.

Sarah Lord, President of the Personal Finance Society, has urged PFS and CII members to make their voices heard as a major consultation with members nears a close.