The Department for Work and Pensions is to introduce a threshold below which pension providers will be unable to charge a flat fee to savers.

The West Midlands is where the greatest proportion of the local population are receiving regulated financial advice, according to data released this morning.

Abrdn and Interactive Investor have today both confirmed talks which could see Abrdn acquiring Interactive Investor (ii) for £1.5bn.

All remaining eligible London Capital & Finance (LCF) bondholders will receive an offer of compensation from the Government’s compensation scheme by 20 April.

Trade union Unite has given the Financial Conduct Authority a 10 day deadline to recognise the union.