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The FCA’s ban on contingent charging introduced in 2020 led to a dramatic fall in the number of DB transfers, but had little impact on fees, the regulator said.

The Pension Protection Fund (PPF)’s decision to reduce the amount it will levy on defined benefit pension schemes from £100m to £45m, has been welcomed by the Pensions and Lifetime Savings Association (PLSA).

The Financial Conduct Authority has published proposals today which would pave the way for a new generation of smaller corporate bond issues aimed at retail investors and wealth managers.

For the first time the FCA is to survey all regulated firms for its annual Practitioner Panel joint survey.

Platform and SIPP provider AJ Bell has reported a jump in advised customers over the past year of 8% to reach 174,000, according to a quarterly trading update issued today.

Investment, protection and retirement specialist LV= has launched a new platform service for advisers in partnership with Embark.

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