A Chartered Financial Planner has swapped careers - moving from Scotland to Devon to become a full-time chilli farmer.

A new corporate criminal offence of 'failure to prevent fraud' comes into effect today and will hold large organisations to account if they profit from fraud.

Almost three quarters (72%) of people believe their loved ones would be left financially insecure after only a year after their death.

Financial Planners at wealth manager Rathbones have reported a surge in client queries about estate planning amid concerns of possible changes to the IHT regime in the forthcoming Budget.

London-based Chartered Financial Planning firm One Four Nine Group has reported AUM rose to £1.8bn in the year to March 2024 but losses increased to £4.7m.

Of the 8.8m households in a position to invest, some 42% of them, almost 4m, do not bother, according to new research.

Targeted Support should be judged on ‘whether it’s “complementing, not cannibalising”, the advice market, according to Steven Cameron, pensions director at Aegon.

The FCA’s Targeted Support proposals ‘could be detrimental to consumers’, according to The Society of Pension Professionals.

Wealth manager trade body PIMFA has called for clarity in key areas over the FCA’s Targeted Support proposals to ensure the regime delivers on its aims and avoids consumer confusion.

The FCA has appointed Will Self, chief executive of InvestAcc Group, as chair of its Smaller Business Practitioner Panel.