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Average pension transfer values during July 2017 remained relatively stable after recent volatility, according to the Xafinity Transfer Value Index.

Two well known client risk assessment software providers – PlanPlus of Toronto and Finamentrica of Australia - are to merge from this month.

The Financial Conduct Authority last month identified a number of pension areas where ‘intervention’ may be necessary following the introduction of the pension freedoms in April 2015.

Standard Life has called for the partial transfer option to be a mandatory part of DB transfer advice.

About 1.1million women are £32 worse off per week on average as a result of state pension age changes, the Institute for Fiscal Studies says.

Fixed penalties worth nearly £5million were issued to companies for failing to comply with auto-enrolment in the last financial year.

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