More than £6.3bn has been held in Premium Bond accounts with no deposits, withdrawals or updated contact details for ten years, according to new data obtained through an FOI request.
Jersey-based wealth manager Team plc has appointed Lumin Wealth founder John Cusins to the board as an independent non-executive director, with immediate effect.
More than a third (36%) of people in their 60s who have yet to retire say they will need to work longer as a direct result of the planned State Pension age rise.
Wealth manager Canaccord Wealth has hired four experienced wealth planners, including three Chartered Financial Planners, to bolster its wealth management teams around the country.
Most successful Financial Planners that I’ve come across work mainly with an older client base - people in their fifties and sixties - and naturally so, as they are often the ones who have built up considerable wealth and assets over their lifetimes.
The latest FCA report on the advice market has revealed a 13.9% year on year increase in retail investment intermediation revenue in 2025 to £6.5bn despite a decline in the number of investment advisers last year.
Wealth manager and Financial Planner Rathbones - a leading employer in Scotland - has warned that the growing complexity of Scotland’s income tax system risks damaging the Scottish economy and putting off clients relocating north of the border.
Global instability saw a surge in investors putting money into passive funds, with 70% of UK net fund inflows into passives in Q2, according to new data published today by platform consultant Fundscape.
Half of couples (46%) are choosing to plan their finances separately despite 65% of advisers reporting that couples were more financially confident when they planned together.
The FCA has provisionally banned father and son Alec and Robert Finch from UK financial services after the High Court found they had engaged in fraud and misused client money.