Up to 200,000 people will cash in their pension next year, netting the Treasury an additional £1.6bn in tax, according to research from Hargreaves Lansdown.

Retail sales at AXA Wealth were up 3% to £2.5bn in the third quarter, with funds under management hitting £27bn, while the group's platform saw assets grow by over a quarter year-on-year.

The financial regulator has launched a national campaign focused on investment fraud and how to spot potential scams.

The European Parliament has given the green light for the UK's Lord Jonathan Hill to become European Union (EU) financial services commissioner, despite facing tough questioning from sceptical MEPs.

Old Mutual is in advanced talks about a £650m takeover of the UK's second largest independent wealth manager Quilter Cheviot, according to Sky News.

Seven advice firms have been declared in default by the Financial Services Compensation Scheme (FSCS).

An independent Scotland would result in its economy struggling for at least ten years, a poll of leading fund managers has said.

The Association of Professional Financial Advisers (APFA) will today meet with the Financial Conduct Authority (FCA) as it continues to push the regulator over an adviser long-stop.

Almost 9,500 income drawdown contracts were written in the second quarter of the year, with the mean pot size dropping to just over £50,000, latest figures from the Association of British Insurers (ABI) show.

Royal Bank of Scotland (RBS) shares were among the top risers this morning after it confirmed it will move its operations to London should Scotland vote to become independent.