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The Financial Ombudsman Service received 1,460 new complaints about SIPP products over the past year, according to its annual report on complaints.

The average salary at the FCA has risen by an average of 4.8% this year to £71,290, with some younger staff members receiving an 11.2% increase.

Two thirds (63%) of over-55s who plan to return to paid work have failed to check the potential tax implications of doing so, according to a new report.

Labour MP Emma Reynolds has been appointed as Pensions Minister in a new joint ministerial role working across both the Treasury and the Department for Work and Pensions (DWP).

Berkshire Financial Planner Tavistock has terminated its 10-year strategic investment partnership with Titan Wealth, blaming “unacceptable performance.”

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