Members of the House of Lords have rejected the Government’s planned change to the cap on social care costs.

Market uncertainty in January spurred UK savers to withdraw £642m from retail funds, the first outflows since March 2020.

The Financial Conduct Authority (FCA) has introduced a cap on fees for claims management companies (CMCs).

Aviva, which has a significant SIPP business, is to acquire Financial Planning-focused wealth manager Succession Wealth for £385 million.

Online D2C platform interactive investor has launched what it calls an ‘ultra low cost’ SIPP with a flat fee of £12.99 a month.