The average rate on a one-year fixed bond has plummeted to a record low of 0.61%, less than half the rate of a year ago when it was nearly 1.3%.

Covid-19 has “fundamentally” shifted clients attitudes towards their Financial Planning - with many changing their retirement and wealth transfer plans, according to a new survey.

Canada Life has added to its Retirement Account a range of 14 pension funds managed by wealth manager Brewin Dolphin.

Aviva is to launch an abridged advice service under the Aviva Financial Advice brand which is aimed at people who need help with their Defined Benefit pensions.

Retirees who take financial advice are £47,000 better off in retirement - on average - than people who take no advice, according to a think tank which wants government to do more to encourage take up of financial advice.

The FCA has abandoned plans to ban platform exit fees.

The Personal Finance Society has launched a new library of virtual video courses for its ‘My Personal Finance Skills’ curriculum to boost financial education in schools.

The FSCS has revealed that some compensated clients are losing their money a second time when they invest with another firm which also goes on to fail.

Wealth manager Brown Shipley, part of Quintet Private Bank, has appointed former Julius Baer head of relationship management Martin Cuthbert as the new head of its Manchester office.

The Financial Conduct Authority expects a significant number of smaller regulated firms to fail over the next few months.