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New analysis of FCA fines data has revealed that the total amount of financial penalties imposed by the regulator in 2024 tripled compared to 2023.

The turmoil in the bond markets has caused annuity incomes to soar by almost 50% in the last three years, new data shows.

Unity SIPP, part of the failed PSG SIPP (PSGS) business, has been sold to Pathlines Pensions UK Limited, formerly London & Colonial (LCS).

The Advertising Standards Authority has banned several advertisements for investment platform and SIPP provider Wahed Invest which showed US and Euro banknotes on fire.

Change management specialist Marc Harris has joined the Financial Ombudsman Service (FOS) as its new chief operating officer.

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