Nearly four in five adults have no registered Lasting Power of Attorney (LPA).

Revenue increased 6% year-on-year to £39m for the Chartered Insurance Institute (CII) as it returned to operating profit in 2021 but the professional body faces a potential tax bill of up to £2.5m.

Only 10% of Financial Planners are very confident they would retain assets under advice when wealth is transferred to clients’ family members, according to new research.

The FCA is consulting on a major expansion of the dormant assets scheme to include insurance provider, pension and investment assets.

The annual Paraplanner Big Day Out - the annual conference organised by the Paraplanners Assembly support group - is to return after a gap of three years.

Investment provider TEAM is to acquire Jersey wealth manager Concentric in a deal worth up to £2.5m.

Abrdn is to launch a Junior SIPP product as part of its new family wealth planning offering for financial advisers.

The FCA has refused authorisation to regulatory consultancy firm Alexander Jon Compliance Consulting Limited (AJCC) which planned to provide regulatory 'hosting' services.

Wealth manager Quilter is to open up its HNW propositions to external independent financial advisers working with wealthy clients.

Wealth manager and Financial Planner Tilney Smith & Williamson - soon to rebrand - said Assets Under Management fell by £1.9bn in the first quarter of this year, “reflecting more challenging recent market conditions.”