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Redditch-based Go IFA Ltd has become the fifth advice firm this week to be declared as failed or under investigation by the FSCS.

Investment platform CMC Invest has launched a flat fee SIPP in partnership with Quai Investment Services.

The FCA is proposing to increase its minimum and flat rate fees, as well as application fees, by an average 8.75% which could mean Financial Planners facing an overall hike in charges of 4.9%.

More than four in ten retirees (42%) surveyed by Standard Life said they regretted failing to seek financial advice.

Nest, the auto-enrolment pension provider, has appointed former Skipton Building Society boss Ian Cornelius as interim chief executive following the departure of Helen Dean.

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