Almost 2 in 10 (16%) of Britons had accessed funds from their pension savings without understanding the rules before doing so, according to a new report. A worrying 15% of over-55s surveyed by Standard Life said they felt overwhelmed at the options for accessing their pension, with 7% delaying taking from their pension because they […]

Industry recruiters still wonder if the regional firm’s new recruits bring the experience needed to replace the experienced teams that have been leaving.

The fintech CEO says advisors can build better trust and stronger client relationships simply by being better at listening.

The FCA has fined Huddersfield-based Inspirational Financial Management Ltd (FRN 223511) £897,840 saying it poorly advised people to transfer out of DB pension schemes, including the British Steel Pension Scheme (BSPS). Meanwhile Arthur Cobill, an adviser at IFM, which is in administration, and William Hofstetter, one of its directors, have been banned by the FCA. […]

Single women are poised to gain trillions of dollars in wealth by the end of the decade. Here’s what financial advisors need to know about working with them.

A pair of former wealth managers contend they were yelled at and suffered other retribution after raising concerns about sharing clients’ information without their knowledge.

Don’t reach for your hankies just yet, but I’m beginning to feel a touch of sympathy for our much-lambasted Chancellor Jeremy Hunt. In virtually every media interview I’ve listened to this week since his Budget he’s been hammered. Spring must be the season for ‘Chancellor bashing.’ Many planners have seen it as a ‘smoke and […]

Chartered Financial Planner Craven Street Wealth has completed its acquisition of Punter Southall Aspire’s Financial Planning division which was announced in January. The deal increases AUM for Craven Street by over £600m to £1.85bn. The two firms are underpinned by a longstanding relationship between Craven Street Group and pensions and advice firm Punter Southall Group. […]

UK retail savers took £24.4bn out of investment funds in 2023, according to the latest data from the Investment Association. This is only the second year that an annual outflow has been recorded, with 2022 seeing outflows of £26.9bn. Retail fund sales could fall even further this year, with January seeing net retail outflows of […]

The Financial Services Institute continues to push for a return to a Trump Administration rule it contends offered clarity in employment questions.