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Nearly half (49%) of workers aged 50 or older want to phase into retirement (32%) or have already done so (17%), according to a new survey.

Latest figures from HMRC reveal that the total government tax 'take' jumped £8.9bn year on year in the latest five month period.

Some investment and SIPP providers have been retaining interest earned on cash-holdings to subsidise loss-making platforms, according to an FCA study published today.

Financial Planner and SIPP adviser Brooks Macdonald has acquired Norwich-based Lucas Fettes Financial Planning for an undisclosed amount.

Two-thirds of advisers (66%) have changed their processes as a result of the FCA’s Thematic Review of Retirement Income Advice published earlier this year.

The Pensions Regulator (TPR) has called on pension professionals to consider a more diverse range of investments.

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