Many people are failing to prioritise retirement planning until age 55, according to a new report which paints a worrying picture of late or poor preparation.

A sacked HM Revenue and Customs (HMRC) officer who abused her position to help her husband launder £3.3m of criminal money has been sentenced today.

A fifth (19%) of savers expect to be able to retire before the age of 60, according to a new report.

Platform provider Hargreaves Lansdown has launched a new online venture capital trust (VCT) investment service.

Defined benefit pension transfer values fell to their lowest value in a year in October due to uncertainty around the Chancellor’s Budget, according to XPS’ index.

The Financial Services Compensation Scheme has declared Leeds-based pension transfer adviser Gainsborough Financial Services (FRN: 145971) in default.

The FCA’s upcoming advice guidance proposals will focus on helping consumers understand their choices around pensions, according to the regulator’s chief operating officer Emily Shepperd.

The latest issue of Financial Planning Today Magazine - our exclusive publication for Financial Planners, Paraplanners and Wealth Managers - is now available and features a detailed review of the latest Planner Technology, including a look at the Financial Planning firms already using AI to improve their workflow.

The number of complaints received by the Financial Ombudsman Service climbed by more than 50% in the last three months.

The Premium Bonds prize fund rate will fall from 4.15% to 4% from the January 2025 draw, although the odds of winning will remain at 22,000 to 1.