The Competition and Markets Authority is to investigate the merger between platform Nucleus and SIPP provider Curtis Banks.

The majority of the £403m of claims to the Financial Services Compensation Scheme in 2022/23 were due to investment and pension advice as well as SIPP operator failures.

Integrafin, parent company of adviser platform Transact, has reported advised client numbers climbed to a record 229,000 in the three months to the end of June.

Pension dashboard services firms have been urged to maximise the opportunities offered by the extended pensions dashboard deadline.

The FCA has written to investment platforms and selected SIPP providers to ask them to disclose how much of the interest they receive from cash and bank deposits they pass on to their customers.