Professional body the London Institute of Banking & Finance has been acquired by German educational technology provider IU Group for an undisclosed sum.

Wealth manager and platform Quilter says the ‘stronger nudge’ towards pensions guidance, introduced a year ago, has so far produced “lacklustre” results and needs to be beefed up.

Adviser platform Transact has criticised the approach some other platforms have taken towards cash handling and the use of cash interest.

The Financial Services Compensation Scheme has declared in default a Sipp adviser firm and three other advice firms.

The Department for Work and Pensions has proposed pushing back the deadline for mandatory adoption of the Pensions Dashboards Programme to October 2026.