Parents of children with Child Trust Funds (CTF) will continue to be blocked from transferring into a Junior ISA, the government has confirmed.
Steve Webb has called for the pensions industry to encourage people to ‘impulse save' alongside the more rigid auto-enrolment framework, to engage with younger generations.
Pioneer Investments and RBC Wealth Management strengthen teams.
Skandia UK has revealed plans to offer advisers the chance to co-brand the platform, as well as expand the range of services customers can directly access on its platform, amid a fall in profits.
Novia has added Arjent's multi-asset portfolios to the wrap in an expansion of its discretionary manager offering.
The Pension Infrastructure Platform (PIP) will avoid construction risk and offer both debt and equity investment portions for UK investors, plan organisers say.
The Financial Ombudsman Service (FOS) will drift closer to becoming a regulator under a proposed memorandum of understanding (MoU) with the Financial Conduct Authority (FCA), according to a legal expert.
Nearly half (49%) of people retiring this year are confident they will be able to afford to leave an inheritance despite on-going financial pressure, according to a survey from Prudential.
The Bank of England's Monetary Policy Committee (MPC) has voted to keep the interest rate at 0.5%, marking three years of the record low figure.
Investors who enjoy a flutter might be drawn to the 0.1% bonus being offered on Santander's Major ISA in the event of Northern Irish golfer Rory McIlroy winning a major tournament over the next two years.