The Government is consulting on proposals to bring forward the rise in the State Pension Age to 68 from 2044 to 2037 resulting in millions being forced to wait longer for the state pension.

Adviser platform Transact has reported a record £7.7bn of gross inflows for the year ending 30 September.

SIPP provider iPensions Group has acquired the business assets of closed SIPP firm Forthplus Pensions.

The takeover of wealth manager and SIPP provider Charles Stanley by US-owned rival Raymond James has been pushed back a month due to delays in securing FCA approval.

The FCA is to consult on introducing a sweeping new Consumer Duty which will require firms to do more to protect consumers from harm and bad financial decisions.