Pension savers rushed to withdraw their 25% tax-free cash in the 2024/25 financial year, according to new FCA data.
The FCA has revoked the authorisation of Manchester-based claims management firm Financial Recovery Solutions Ltd (FRN: 836358) because it said that it considers that the firm is carrying on no regulated activity.
Two-fifths, 39%, of people say a guaranteed income would be their main priority in retirement.
Half (45%) of savers with a Lifetime ISA opened their account in order to save for retirement or later life.
UK retail investors pulled £752m from funds in July, reversing June’s £208m inflows, according to the latest data from the Investment Association.
Fidelity International has launched a range of high-conviction active ETFs to expand its offering.
The number of centenarians in England and Wales (people aged 100 and over) increased 22% to 15,300 in 2024 compared to a decade earlier (2014: 12,600), according to new data from the Office for National Statistics.
Bristol-based wealth manager and Financial Planning firm Clifton Wealth Partnership has acquired two more Financial Planning firms for undisclosed amounts.
Wealth manager Brooks Macdonald has reported full-year net outflows of £0.4bn for the year ended 30 June.
Chartered Financial Planning firm Unividual has been acquired by 7IM subsidiary Lync Wealth Management for an undisclosed sum.