Financial Planner and wealth manager Quilter has reported core net inflows of £1,507m for the quarter ended 30 September.

CPI inflation unexpectedly spiked upwards last month to 2.3% from a low of 1.7% the previous month, ONS reported today.

Lower fuel and transport costs helped cut CPI inflation in the 12 months to September to 1.7% from 2.2% in August.

The Financial Services Compensation Scheme (FSCS) - the industry’s consumer compensation safety-net - has declared six firms in default over the past two months.

Fidelity International has launched a blue transition fixed income fund which aims for capital growth while improving the world’s water.

The UK’s wealthiest retirees paid themselves annual pension income of around £3m each last year but lost almost half of that in tax, according to figures published for the first time today.

Younger workers are much more money-minded than people might expect and are saving aggressively to achieve an ambitious retirement, according to a new report.

More than 3,800 young people have benefited from insurance and Financial Planning virtual work experience programme during the first year of its operation.

One in nine (12%) of UK adults have admitted to losing money to a financial scam in the last year.

Integrafin, the parent company of adviser platform Transact, has reported record funds under direction on the platform of £64.1bn for the three months to the end of September.