A new digital wealth app has been launched targeting six-figure earners who have outgrown basic financial products but do not have the millions needed to access private banks.
Simpler pension transfers took an average of just 11 days to complete in the lead up to the end of the 2024/25 tax year.
One in 10 Britons say they are on the brink of a financial crisis and one in 50 are already in one, according to the latest annual financial resilience report from Royal London.
Chartered Financial Planner Ian Pickford, CEO of Forvis Mazars Financial Planning, will step down to become an independent non-executive director at fintech Fintel, owner of SimplyBiz, Defaqto and RSMR.
Craig Donaldson and David Arden, former CEO and CFO of Metro Bank, have been fined £167,325 and £100,950 respectively for being knowingly concerned in a breach of the listing rules.
More than 1.5m UK workers say they cannot afford to save into a pension.
Four women CEOs in the financial services industry have been given senior awards in the King’s Birthday Honours List.
Two in five UK workers (43%) are unaware how much they are contributing to their workplace pensions.
Nearly nine out of 10 financial advisers (87%) and accountants report that small business clients are struggling to pay advice fees and professionals reckon the situation is going to get worse.
Workplace pension provider TPT Retirement Solutions has launched a DC decumulation product which it says will simplify retirement income planning for pension savers.