A quarter (23%) of advised clients have chosen to ignore recommendations from their financial advisers, according to a new report.
A trio have been sentenced for their involvement in an illegal sale-and-rent-back scheme targeting struggling homeowners.
The Prudential Regulation Authority (PRA) has imposed a fine of £10,625,000 on UK Insurance Limited due to its miscalculation of the firm's Solvency II balance sheet during 2023 and 2023.
Wealth manager and Financial Planner Rathbones has appointed Bruce Saunderson as a senior director of wealth planning as it looks to boost growth in Scotland.
Asset manager and retirement provider Legal & General is to begin a £1.2bn share buyback this week, the largest in its history, following a restructure across the business in 2025.
The number of savers maximising funding of their Cash ISAs in the 2022/23 tax year was the highest in the previous five tax years at 1.46m.
The FCA is to encourage DC pension providers to offer targeted support to improve consumer decision-making ahead of the launch of Pensions Dashboards.
A Bucks financial adviser has had its Part 4A permissions to carry out regulated business revoked this week by the FCA.
Expanding Financial Planner and wealth manager Fairstone has acquired £1.5bn AUM West Midlands-based wealth manager Prosperity Wealth in what it says is its largest acquisition to date.
The Pension Schemes Bill currently going through Parliament could allow ministers to force pension funds to invest in “high risk assets,” former Pensions Minister Baroness Ros Altmann has warned.