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There was a increase in workplace pension membership to 50% last year following auto-enrolment, official figures have shown.

A pension provider has encouraged advisers working with smaller businesses on auto-enrolment to look again at salary exchange.

IFG Group, the parent company of James Hay, has struck a deal worth up to £9.1m to sell three of its existing IFA businesses to Ascot Lloyd.

The auto-enrolment scheme now has its three millionth worker – a member of staff at West Ham United.

The FCA has approved Broadstone's acquisition of the Blythwood Group.

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Rise in workplace pension membership to 50%