Younger investors are getting involved in higher risk investments despite evidence that these high risk products may be suitable for their needs, according to research published today by the Financial Conduct Authority (FCA).
Only 47% of Brits with more than £50,000 of investable assets are using the full annual ISA allowance, new research reveals.
Financial Planning and wealth management firm Tavistock has rebuffed an acquisition attempt by Jersey-based fund manager TEAM plc.
Fintel, formerly known as SimplyBiz, has reported a drop in revenues and profits in its 2020 results as the adviser support company seeks more acquisitions.
Assets under administration at investment platform Nucleus rose 7.9% year on year to £17.4bn in 2020, but profits after tax dropped 47% to £3.2m, as the platform gears up for its acquisition this year by rival James Hay.
The proportion of adviser firms offering defined benefit transfer advice dropped by nearly half to 22% in the last year, according to new research.
Record low interest rates are fuelling a stocks and shares ISA boom at one provider.
There were no doubt a few rolled eyes recently at our story reporting that over half of adults do not trust financial advisers.
One of the things that has always puzzled and dismayed me about the miserable London Capital & Financial (LCF) debacle is: where were the whistleblowers?
Schroders Personal Wealth (SPW), the Financial Planning joint venture by Schroders and Lloyds Banking Group, has launched three new Multi-Manager fixed income funds.