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Wealth manager Charles Stanley is set to expand its growing Financial Planning division despite the operation racking up losses of £2.7m in the past year.

A software tool designed to predict the success of long-term retirement strategies has completed a seed-funding round.

Senior staff at a national recruitment agency tried to save money by impersonating their temporary workers to opt them out of their workplace pension scheme. 

A skilled persons review has called for a raft of compliance and governance improvements at international SIPP and cross border financial services group STM which saw its chief executive arrested in Gibraltar last year.

New research from wealth management and Financial Planning group Tilney has revealed that most people remain in the dark about what to do with their pensions on retirement but most still want the ‘certainty’ of an annuity-style income.

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