Confidence among investors fell across all regions in August with the UK and Europe worst hit, according to the Hargreaves Lansdown Investor Confidence Index.

Almost four-fifths, 78%, of over 40s haven’t arranged a power of attorney with one in 10 assuming their partner of spouse will be given power of attorney automatically.

The number of Financial Planners saying they serve clients with portfolios of more than £1m rose by 75% in the last year, according to Financial Planning Today's annual survey of the profession.

The Financial Services Compensation Scheme (FSCS), the industry-funded consumer compensation body, declared five regulated firms in default in June and July, it reported today.

Plans to make the unused pension pots of people who die before the minimum pension age subject to inheritance tax, have been termed ‘unfair’ by SSAS provider the WBR Group.

Two in five, 40%, IFAs expect the FCA’s advice guidance boundary review to boost demand for their services.

Trevor Edwards, the CII’s group finance director, has left the board of the Personal Finance Society after less than a year in the role.

A new IFA consolidator, which aims to be one of the UK’s leading Financial Planning businesses, has launched today with its first acquisition, a £1.1bn AUA firm.

Salford-based financial adviser and professional services firm Frenkel Topping - which is in discussions over a £68m takeover bid by private equity firm Harwood - said funds under management grew to £1.63bn in the first six months of the year, up from £1.46bn in the first half of 2024.

The number of people paying dividend tax is expected to reach a record 3.67m in the 2024/25 tax year.