Only an average of 123,000 people per year have made Class 3 National Insurance Contributions (NICs) which allow them to fill historic gaps in their NI records and receive a higher state pension over the last five years.

The Financial Services Compensation Scheme has declared four more firms in default, two with links to the British Steel Pension Scheme (BSPS).

Discretionary fund manager 7IM has launched what it describes as a “pioneering” Retirement Income Solution (RIS) on its platform.

SIPP and SSAS provider Curtis Banks has launched two new fee concessions and extended its offer on in specie commercial property transfers.

Platform and SIPP provider Embark has enhanced its Embark Platform to improve service for Financial Planners and advisers.