George Osborne has confirmed the inheritance tax (IHT) threshold will increase to £1m for couples, funded by a pension tax relief cut for people earning more than £150,000.

The Financial Conduct Authority (FCA) has recruited Jonathan Davidson as director of supervision - retail and authorisations.

The Treasury will net an extra £700m in tax this year as a result of the pensions freedom and choice reforms, Hargreaves Lansdown has projected.

Hargreaves Lansdown has launched a low-cost retirement planning service aimed at filling the advice gap between Pension Wise and regulated financial advice.

Mattioli Woods is to acquire advice firm Boyd Coughlan in a £7m deal and has also announced plans to raise a more than £18m from shareholders to fund further growth.

Five outstanding retirement advice firms were honoured at the Retirement Planner Awards 2015.

Consolidator Bellpenny has completed two more IFA acquisitions bringing an additional £56m in funds under management and more than 250 clients.

Invesco has named Westhouse Securities as the sole financial adviser and broker to its Income Growth Trust.

New pensions minister Ros Altmann must continue with the package of bold reforms that her predecessor began and focus on encouraging a "rebirth of savings culture" in the UK, Michael Johnson has said.

Ros Altmann has been named as the next pensions minister, replacing Steve Webb.