Regulator ‘concerned’ that clients are paying for services that are not being delivered

‘I don’t agree with the characterisation of the MPs statement’

‘The most profitable firms are the smallest’

‘The responsibility is high, and advisers need further support’

Regulator releases roadmap setting out a series of consultations

‘An attractive low-risk solution for retirees’

Advice firms encouraged to include CFM in centralised retirement propositions

Both firms have been acquired for an undisclosed sum

Retirement products ‘don’t meet modern needs’

Will receive £22m by 2 December