The two remaining staff members at Woodford Investment Management received a total of £510,250 in salaries for the year ended 31 March 2021.
Planners are reporting some client families under financial stress as borrowing soars during the pandemic.
A quarter of UK adults (13m) said they expect their finances to worsen over the next three months as a result of the emergence of the Omicron Coronavirus variant.
Recently founded Financial Planning and fund management firm One Four Nine Group has acquired Surrey-based Chartered Financial Planning firm Total Wealth Planning (TWP).
Former work and pensions committee chairman Frank Field has been recognised for his “lifetime of public service” in the Queen’s New Year Honours list.
Fast-growing wealth manager and Financial Planner Kingswood has completed the acquisition of asset manager and IFA the IBOSS Group less than two months after announcing the deal.
The Financial Conduct Authority issued a record 1,300 consumer warnings in 2021 as it stepped up efforts to protect investors.
To kick off the new year Financial Planning Today is giving all registered readers 3 bonuses for the next 7 days.
Financial Planners have warned that better planning is needed to help thousands avoid steadily rising Inheritance Tax bills as more estates are caught by the death tax.
Most workplace pension savers are failing to shift their money into ESG or sustainable funds, according to new research.