An estimated 6.5m UK adults (12%) are waiting until they get married, become parents, or own a home before they think about arranging key financial products, new research warns.
Nearly four in five (78%) of global HNW investors are holding historically large cash holdings, according to a survey by global fund manager Capital Group.
Wealth manager Utmost International has recruited in-house to appoint Karl Moore and Henry O’Sullivan as the chief executives of its Isle of Man and Ireland businesses.
The FCA has threatened to crack down on influencers and finance firms that publish financial promotions on social media platforms that are not fair and clear.
The Department for Work and Pensions has published an updated timetable for occupational pension schemes and personal and stakeholder providers to be connected to the Pensions Dashboard.
Fintech and adviser support services firm Fintel, owner of SimplyBiz and Defaqto, has invested £1.5m in Mortgage Brain and acquired 70% of fintech ifaDASH for up to £1.5m.
North East-based Chartered Financial Planning-focused wealth manager Fairstone has completed the acquisition of £110m AUM Nottingham IFA James Ryan Thornhill three years after first announcing the deal in June 2021.
Former West Ham United footballer Ryan Briggs has launched a not-for-profit financial education service to support mental health and financial wellbeing in sport.
New adviser CRM Plannr Technologies, a fintech a quarter owned by Fintel, has announced partnerships with Söderberg & Partners and Selectapension.
The Financial Services Compensation Scheme (FSCS) has declared Sheffield-based Abbey Lane Financial Associates Limited (FRN 649170) as failed.