Turbulent economic conditions and the Consumer Duty challenges have hit confidence in the future of the advice profession with 16% - one in six - of firm owners looking to sell or exit the market in the next 18 months.

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The number of Financial Planners is set to grow according to wealth consultancy NextWealth, after its research showed that Financial Planners are younger and more ambitious than typical financial advisers.

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Total assets managed by UK investment managers fell to £8.8 trillion in 2022 - down 12% year on year, according to the Investment Association’s (IA) annual Investment Management Survey.

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The popularity of ESG investing is declining according to the annual ESG Attitudes Tracker from the Association of Investment Companies.

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Fast-growing Financial Planner and wealth manager Kingswood Group has completed its acquisition of Sterling Trust Financial Consulting after making the final deferred consideration payment of £1.775m.

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The FCA has revealed that on 22 August it imposed restrictions on London Court Limited (FRN 146522) for failings relating to the 'My Investment Hub' platform.

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Experienced investment manager Justin Onuekwusi has begun his new role as chief investment officer (CIO) at wealth manager St James’s Place.

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Wellington Court Financial Services Limited, which was declared in default by the FSCS in June, has had its temporary permissions revoked by the FCA.

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London is among the worst UK regions for predicted post-retirement financial struggle, a new study by Scottish Widows has predicted, writes Emily Berry.

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NS&I, the government-backed savings body, has pulled its market-leading 6.2% guaranteed bonds after a rush of savers.

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