The King has outlined a new Pension Schemes Bill today as part of the new Government’s plans in his speech at the State Opening of Parliament.

Clients are facing delays of up to three months due to the lengthy onboarding processes of some wealth managers, according to a new report.

Manchester is to host both the Personal Finance Society and CISI conferences for Financial Planners in October and November this year.

Fund under management rose 7% year-on-year to £18bn for Financial Planner and wealth manager Brooks Macdonald for its financial year ended 30 June

Fast growing national Financial Planning firm Wren Sterling has acquired the Financial Planning division of the Kent-based insurance broker and financial adviser the Howe Maxted Group.

Wealth management trade body PIMFA has published its agenda for government over the next five years of the current Parliament, calling for a combination of change and stability.

London-based IFA Donre Advisory Limited (FRN 513993) - which previously traded as Basi & Basi Financial Planning Limited and has a SIPP subsidiary - has gone into liquidation two months after the FCA restricted its business activities.

More than two-thirds (69%) of advisers don’t have a plan in place to tackle one of the largest ever transfers of wealth due to take place between generations over the next 20-30 years.

The Government has been urged to announce a Pensions Bill during the King’s speech at the state opening of Parliament tomorrow.

Some 2.8m over-50s in the UK have returned to work after being previously retired, according to new research from Legal & General.