Three in five (60%) of UK savers avoid investing because the see it as ‘too risky’, according to a new report.

A third (32%) of UK savers expect to need an inheritance to have enough income to live on in retirement.

Tweed Wealth Management has acquired Edinburgh-based The James Boyd Practice for an undisclosed sum in its sixth acquisition in seven years.

Over four in five (84%) of financial advisers are prioritising business growth over the next year, according to a new report.

Fairstone Group has appointed former Aldermore Bank CEO Steven Cooper as its new chief executive officer.

New figures from the FCA published today have revealed that the total number of pension plans accessed for the first time rose by 8.6% to 961,575 compared to 885,455 in 2023/24.

Fintech and adviser support services firm Fintel, owner of SimplyBiz and Defaqto, said group revenue increased by 18.6% to £42.4m in the six months to the end of July.

Fast-growing financial Planner Finli Group, formerly Solomon Capital Holdings, has appointed former Brown Shipley CEO Calum Brewster to be chief commercial officer.

Unless there is a big surge in inflation in the next two months, the state pension will rise by 4.7% next April.

More than a third, 36%, of Gen Xers aged between 44-59 are in the dark when it comes to knowing about their parents’ inheritance plans.