The Financial Conduct Authority has unveiled the list of firms that were successful in their applications to begin testing in the third phase of the regulatory sandbox project designed to let firms test out innovative new financial ideas and products.

A survey published by Chartered Financial Planning firm Fairstone and market researcher Ipsos MORI has found that the use of financial advisers is declining. 

A survey has found that nearly half of younger retirees (44%) are withdrawing more than 10% of their pension savings each year, risking running out of money because they underestimate their lifespan.

Research from over-50s specialist insurer SunLife reveals that online financial budgeting tools and phone apps are becoming more popular among people aged 50-80.

Non-retired UK investors are saving a higher portion of their income for retirement than those in Europe, according to the annual Schroders Global Investors study. 

AFH, the expanding Financial Planning firm led by a Chartered Financial Planner, has acquired J W Wealthcare, based in Chichester for £1.1m.

North West Chartered Financial Planning firm Clarion Wealth has hired Jonnie Whittle as its new managing director.

The FCA has intervened and halted the Park First Limited airport parking investment scheme after deeming it ‘an unregulated investment’.

Most people severely underestimate how much they need to save for retirement, according to a new study by platform and fund manager Seven Investment Management (7IM).

Fairstone, one of the UK’s largest Chartered Financial Planning firms, has acquired Glasgow-based IFA and Financial Planning firm Professional Partners.