Financial services regulators have joined forces to address the attitude and approach of financial services firms to climate change.

The decision to raise the normal minimum pension age (NMPA) from 55 to 57 was announced back in 2014 at the same time as Pension Freedoms. Clearly this wasn’t the big headline at the time but now we have draft legislation we are seeing news stories as some of the complexities of how the change is being implemented come to light.

Over 9 in 10 (92%) high-net-worth consumers underestimate how much money they need for a comfortable retirement, according to new research.

The FCA confirmed today that that it will go ahead with its plans for long-term investment funds aimed at sophisticated investors and pension funds, potentially opening them up later to some retail investors.

The National Audit Office, the UK’s independent public spending watchdog, is to probe the FCA’s handling of the British Steel Pension Scheme restructuring which resulted in many steelworkers transferring their pensions into SIPPs.