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The FCA has appointed three new chairs for its statutory panels.

More than 4 in 10 financial advisers expect the FCA’s new Consumer Duty - which came into effect on Monday 31 July - to hit profits due to the cost of complying with the new rules.

Most over-55s expect to have spent - or expect to spend - a third of their pensions tax-free lump sum within the first six months of taking it, according to a new study.

The Scottish Widows Platform, the new name for The Embark Platform, has been launched this week.

DB transfer values fell 8% in the second quarter, according to the latest data from XPS Pensions Group.

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