Growing financial adviser group LEBC is launching a graduate programme which will lead to Chartered Financial Planner status in a bid to tackle a shortage of young recruits.

New consumer research has found that more than three quarters (77%) of people are shunning financial advisers when it comes to retirement planning and opting to 'go it alone.'

Wealth manager Brewin Dolphin has rolled out additional advice services to cater to clients’ financial needs, expanding into rival territory.

Brown Shipley, the wealth planner and investment manager, has hired Andrew Butler-Cassar from rival Investec Wealth & Investment as head of its London office, a newly created role.

The FCA has warned that four asset management firms - Artemis Investment Management LLP, Hargreave Hale Ltd, Newton Investment Management Limited and River & Mercantile Asset Management LLP - may have broken competition law.

The charity group Mental Health has announced the launch of a website designed to help sufferers of mental health who have money issues.

Tavistock investments has reported a 130% increase in discretionary funds under management to £745m thanks to organic growth.

The Pensions Advisory Service and the Money Advice Service, both government-backed financial guidance bodies, have launched an ‘integrated’ webchat service.

New research has found that 21% of adults say they would be put away an extra £134 a month on average if they could get financial advice – the equivalent of more than £1,600 per annum.

A survey by fund manager Legg Mason has found that a third of wealth managers (32%) say they are holding more cash across clients’ portfolios to protect against a market correction.