Aviva-owned robo-adviser Wealthify has opened its Ethical Managed Portfolio Service (MPS) to adviser platforms.

Investment platform and SIPP provider AJ Bell has appointed its deputy CEO Michael Summersgill to succeed founder Andy Bell as CEO from 1 October, subject to regulatory approval. 

Consultancy and software provider the lang cat has added managed portfolio services (MPS) to its suitability software.

The Bank of England has today pushed up its base rate by 25 basis points from 1% to 1.25% as it struggles to tackle inflation.

Financial Planner and wealth manager Evelyn Partners has appointed Ricky Wilson as a Financial Planner in its Bracknell office.

Annuity rates have hit their highest point in eight years, with a further surge in annuity income expected if the Bank of England raises interest rates today, according to a new report.

The Financial Conduct Authority is taking steps to intervene in the cost of living crisis after finding 30 consumer credit firms failing in some areas. 

Wealth manager and Financial Planner Quilter has rebalanced its WealthSelect manager portfolio service to move its investments towards traditional fixed income.

More than one in 10 Financial Planners (12%) have seen clients postpone retirement due to the cost of living crisis.

Economic growth will slow to a crawl next year, according to a Treasury poll of leading economic forecasters.