UK investors expect 9.2% annualised returns on investments despite 91% reporting a low or moderate risk tolerance, according to a new report.

Wealth manager trade body PIMFA has called on the Chancellor to reform The Financial Ombudsman Service (FOS) ahead of tomorrow’s (15 March) Mansion House speech 

The Treasury Select Committee has criticised the Financial Ombudsman Service for the way in which the departure of its former Chief Ombudsman and CEO Abby Thomas was handled.

Four in five advisers (80%) have reported clients making changes to their investment strategies in response to the US tariffs announced in April, according to a new report.

Financial Planner and wealth manager Evelyn Partners has recruited Philip Lewis from Fisher Investments UK to take up the newly-created role of head of Financial Planning advice. 

The Investment Association, the fund managers' trade body, has called on the financial services sector to work towards greater engagement with their clients' retirement choices and to build a stronger focus on retirement outcomes.

Nine workers at West Country Financial Planning firm Paradigm Norton have raised more than £8,000 for a baby loss charity by walking 26 miles along the Devon coastline.

The cash ISA allowance is looking unlikely to be cut next week, despite rumours circulating that Rachel Reeves could announce the move in her Mansion House speech on Tuesday 15 July.

The UK economy unexpectedly contracted in May, marking the second month in a row of falling output, with GDP down 0.1% after a 0.3% fall in April.

A total of 43 FCA staff were paid more than £200,000 each last year, analysis of the regulator’s annual report by Financial Planning Today has revealed.