Financial Planning Week 2024, the CISI’s annual consumer-focused campaign to promote the benefits of professional financial advice, has been launched today.

Data and research provider Defaqto, which provides the Engage Financial Planning software system, has added star and diamond ratings for AIM and unlisted business relief (BR) services to its product ratings. 

The end of 2023 saw the rate of people transferring out of their DB pension fall to a five-year low, research from pensions consultancy XPS Pensions Group found.

Nearly one in four UK adults (23%) say they would never seek financial advice, even if it was free.

Major Swedish wealth manager Söderberg & Partners has taken a “significant” minority stake in expanding Bath-based Chartered Financial Planner Fidelius as it continues its UK expansion drive.

The Financial Services Compensation Scheme (FSCS) has declared South Wales-based Niche Independent Financial Advisers Ltd (FRN: 472635) as failed.

Almost two in three (61.5%) of SimplyBiz advisers are positive about the outlook for the sector in 2024, according to the network’s annual survey.

A third (29%) of parents born between 1965 and 1980 are financially supporting children over the age of 21.

Nearly half of Financial Planners (49%) who offer retirement advice report that recent pension tax allowance changes have spurred a boom in demand for advice, according to a new study.

Total advised customers at platform and SIPP provider AJ Bell rose 8% year-on-year in the quarter ending 31 December, according to a trading update today.