The Chancellor has told the House of Commons 60,000 savers have taken out a total of £1bn since April, when pensions freedom came into effect.
Financial advisers are renewing calls for the Financial Conduct Authority (FCA) to make better use of the 'exceptionally severe' fines it levies on the industry, including by using them to cut regulatory costs.
Promising lead or back to the lab?
National IFA LEBC has opened an office in Kent staffed by three advisers who moved to the firm from rival Origen Financial Services.
Insurer Aviva has launched a direct to consumer (D2C) platform giving consumers access to a general investment account, and ISA and a self-invested personal pension (SIPP).
Ministers have given out mixed messages on when the government will intervene against providers failing to offer full pension flexibility.
The Financial Conduct Authority's (FCA) former director of supervision is joining the board of JP Morgan's private bank as a non-executive director, according to reports.
Zurich UK Life has poached Cofunds key account manager Rose St Louis to head its new retail distribution team.
Robo-advice and artificial intelligence (AI) are two different things that both have the potential to disrupt the UK financial services market in the next few years, according to technical specialist and entrepreneur Phil Goffin. But sci-fi it is not......
A quality kitemark for financial advisers could soon be back on the table as charity Fairlife prepares new proposals.