The Financial Conduct Authority (FCA) has given the green light for LV= to start the process for the firm to take steps towards de-mutualisation in the latest step in its sale to Bain Capital.

LCP has called on the Chancellor to improve the current system of tax breaks for financial advice.

Fidelity has committed to halve the CO2 emissions from its investment portfolio by 2030.

Schroders has agreed to acquire the UK advisory, fiduciary management and derivatives businesses of River and Mercantile Group for approximately £230m.

International wealth manager deVere plans to doubled its commitment to ESG investments to $2bn (£1.45bn).

Over 9 in 10 (92%) of high-net-worth consumers underestimate how much money they will need for a comfortable retirement, according to new research.

Wealth manager and Financial Planner Tilney Smith & Williamson has appointed former Aviva financial adviser Neil Thornton as a Financial Planner.

Nearly 48% of people have built up a bigger ‘rainy day’ fund during the pandemic to cover spending for up to six months - although 20% of people said their savings fell during the crisis. 

Rebecca Kowalski, a PFS Fellow and former Paraplanning manager, has launched a sustainable investment consultancy for IFAs on the eve of the COP 26 environmental summit in Glasgow.

The FCA confirmed today that that it will go ahead with its plans for long-term investment funds aimed at sophisticated investors and pension funds, potentially opening them up later to some retail investors.