New research has found that 44% of millennials feel they need financial guidance as they are ‘confused’ about the savings landscape.
Platform provider Transact will cut its charges as of 1 April as price competition in the platform market intensifies.
The Government will publish its Spring Statement on Tuesday 13 March 2018, Chancellor Philip Hammond announced yesterday. The Spring Statement will respond to the forecast from the Office for Budget Responsibility.
Pensions provider The Embark Group has hired Jon Haslam as its new head of platform sales.
Xafinity, the pensions consultant and Sipp provider, has revealed plans today to buy several divisions from rival Punter Southall Holdings for up to £153m.
Stephen Lansdown, co-founder of Bristol-based investment platform and wealth manager Hargreaves Lansdown, is reportedly backing a major new venture by ex-Sun editor Kelvin Mackenzie to launch two new radio stations.
Mazars, the professional services firm, is to acquire Chartered Financial Planning business RCL Consultancy Limited from retirement solutions provider The Embark Group.
Financial literacy among young people should improve following the announcement in the Budget about increased funding for maths education and teacher training, says the Chartered Institute for Securities & Investment (CISI).
The FCA has today fined Bluefin Insurance Services Limited (Bluefin) £4,023,800 for having inadequate systems and controls and failing to provide information to customers about its independence in a way that was “clear, fair and not misleading.”
Clients at Glasgow-based wealth manager Murphy Wealth can now gain full access to their financial information on a new app provided by the company.