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Three men have been banned from working in the financial services industry for "disgraceful failings" after £4m in commission was generated from moving investments unnecessarily.

More than 2m workers have begun saving into a workplace pensions scheme as a result of automatic enrolment but 3m are missing out on auto enrolment for a variety of reasons.

The GAD rate for January 2014 has been announced as 3.25% - up from 3% - a move which will help people using income drawdown, says LV=.

Advisers will be forced to re-evaluate their choice of administrator following Capita's exit from Sipp and SSAS administration, Talbot & Muir says.

The State Pension Pension age will reach 70 by 2063 but will rise more slowly than the Government's Autumn Statement last week suggested, according to analysis by Towers Watson.

Spouses are keeping secret debts worth an average of £7,800 from their other halves and potentially risking their comfort in retirement, a study shows.

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