The Philips Trust Corporation Limited - which administered 2,400 trusts - has gone into administration.

Three quarters (73%) of UK adults have done little or no planning for their retirement finances, according to a new report.

Private equity firm Anacap-owned platforms Novia and Wealthtime are to be combined under the Wealthtime brand in the second half of this year.

A surge in the registration of new and existing trusts with HMRC is expected ahead of the deadline of 1 September.

Pension consultancy and administrator XPS Pension Group has reported 8% growth in revenues over the past year thanks to strong growth in advisory revenue, according to a trading update ahead of its full year results in June.

The FCA has relaunched its pension transfer ‘advice checker’ tool for consumers to help them assess whether they have received unsuitable advice.