Only 10% of Financial Planners are very confident they would retain assets under advice when wealth is transferred to clients’ family members, according to new research.

Octopus Investments, part of Octopus Group and provider of venture capital trusts (VCTs), has closed its DFM service to new customers.

Financial advisers who seek referrals from solicitors and accountants have seen a surge in new client enquiries, according to new research.

Six in ten financial advisers had to turn away prospective clients in the last year, according to a new report.