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

The mega bank says more than half of its roughly 300,000 are already back in the office every day of the work week.

The asset management giant called out the method of offsetting capital gains in this year’s edition of its oft-cited study tracking the “alpha” of financial planning.

The Financial Services Compensation Scheme (FSCS) has managed to keep management expenses for the coming year under control but still faces imposing a £129m levy increase in 2025/26.

A Glasgow-based adviser firm has been declared in default by the FSCS, opening the door to ex-clients to make claims for compensation.

Financial Planning and wealth management group Kingswood has appointed interim CEO Peter Coleman, former CEO of Positive Solutions, as its permanent CEO six months after the departure of David Lawrence.

The answer depends first and foremost on how much time financial advisors have for an emotionally and technically challenging process, experts said.

The Attivo Group, parent firm of Chartered Financial Planning firm Attivo, has launched a new investment firm in partnership with SEI.

Edward Jones stood accused of not properly supervising advisors who were charging clients commissions for mutual funds and then moving the fund shares over to fee-generating accounts.

Wealth manager and investment firm Titan Wealth has appointed Scott Hamilton as its new head of sales.