Financial Planning Today readers have backed the controversial axing of the Paraplanners Powwow name for ‘cultural appropriation’ reasons.

One in five (21%) over 50s in the UK have no savings or investments (excluding pensions), rising to 28% for those between 50 and 59, according to new research.

Total group funds under management at Brooks Macdonald increased £1.5bn to £13.7bn for the quarter ending 30 June, with net outflows for the quarter reducing to £0.1bn.

The Coronavirus pandemic has created the 'perfect storm' for those in income drawdown and many may never fully recover from the impact, according to a new report.

After an unsteady period, defined benefit (DB) pension transfer values increased to a record high during June and the number of members taking a transfer value rebounded strongly too.

The CISI’s Paraplanner Conference in September has been converted from a physical to a virtual event due to the Coronavirus pandemic.

CPI inflation reversed its recent downward trend in June with an increase to 0.6% from 0.5% in May due mainly to increased recreation and culture costs.

Schroders Personal Wealth (SPW), the Financial Planning business launched by Schroders and Lloyds Bank, has today unveiled its first range of portfolio funds which give clients access to a range of risk return profiles.

The industry has given a mixed review to news that Chancellor Rishi Sunak has asked The Office of Tax Simplification to carry out a review of Capital Gains Tax.

Barclays has launched a new digital service for clients with a minimum of £5,000 to invest, which it claims will tackle the UK’s advice gap and give more people the confidence and support their savings.