The Government is to create a small pensions pot consolidator as part of its Pension Schemes Bill.

As you may know, I am a staunch believer that there should be some form of regulation introduced in respect of SSAS – my preference would be for all SSASs to require a professional trustee to ensure that the governance, understanding and administration of each SSAS is undertaken correctly ensuring legal compliance and offering the best platform for savers to succeed in their financial goals. 

The number of savers making contributions over the annual allowance of £60,000 surged 34% in the last tax year, according to new data.

A new call has come for financial services firms to collaborate and establish industry practices to address concerns around customers who have been impacted by gambling.

The FSCS declared five regulated firms in default in February and March, well down on the 12 firms in default in the same period last year, however one of the firms facing the biggest compensation bills - Alexander David Securities Ltd - was linked to SIPPs.

As Nikhil Rathi is reappointed as CEO of the Financial Conduct Authority (FCA) for another five years, the FCA has set out its strategic direction for 2025/26, with important implications for financial advisers.