Mark Bourke, group chief executive of IFG Group, is to leave the firm in April to take up an external role.
Four men have been banned from working in financial services over their ‘disgraceful' behaviour in relation to occupational pensions advice which saw them net £4m in unnecessary commission.
People born in the 1960s and 1970s are likely to become the first generation since World War II who will be worse off than their parents in retirement, a new study has warned.
Two fifths of pension schemes are open to investing in alternative asset classes to reduce their portfolio risk, according to Aon Hewitt, increasing their need for advice in this area.
More than two million people have been auto-enrolled into a workplace pension scheme, according to The Pensions Regulator (TPR).
The Financial Conduct Authority (FCA) has said it recognises it has "much to prove" to the advisory industry, but hopes its actions and approach will show it is different from previous regulators.
HM Revenue & Customs (HMRC) has launched an online reporting service for managers of qualifying recognised overseas pension schemes (QROPS), which it said is more secure than paper-based reporting.
January will see gilt yields rise to 3.25%, up from 3%, meaning the maximum drawdown limit will rise in the New Year.