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Royal London’s Steve Webb has hailed a new ruling by the Pensions Ombudsman as a "landmark" which offers new hope for victims of pension scams. 

The Pension Regulator’s (TPR) Determinations Panel has recruited five members, as it prepares to rule on master trust authorisation applications.

The Upper Tribunal has upheld an FCA decision to fine and ban Alistair Burns, chief executive of advice firm TailorMade Independent Limited, as it was confirmed that the FSCS compensation bill for his failed business could hit £106.5m.

Sipp provider Aviva’s adviser platform boosted assets under management by 11% in the first half of this year.

Income from Financial Planning, wealth management and pensions saw an increase at Walker Crips according to its latest set of figures for the year ended 31 March. 

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