Financial Planners have backed plans announced by the FCA in its sweeping Consumer Investments strategy released yesterday to tackle consumer investment 'harm'.

Wealth manager Brooks Macdonald has reported rapid growth in profits and funds under management for the year ended 30 June as recent acquisitions helped deliver strong results.

Adviser support services provider Adviser Services Holdings Limited's Sense and Lyncombe networks have passed the 400 adviser mark with over £5bn in assets under influence.

The risk of losing money is the reason why almost half (47%) of consumers are reluctant to invest, according to a new report.

The FCA has promised to reduce the FSCA levy from 2025 by 10% a year - but only if it can reduce the number of consumers being harmed by rogue financial services companies.

A Financial Planner has told Financial Planning Today he believes the State Pension could be under threat of means-testing following the Government's decision to suspend the pensions triple lock for a year.

Fintel, owner of SimplyBiz and Defaqto, is to partner with Tatton Asset Management to provide a new range of services for adviser firms.

The directors of the PFS have re-elected Sarah Lord as President of the Personal Finance Society for a second term as debate on the future of the professional body goes on.

Over half of non-retirees (56%) are worried that they are failing to save enough for retirement.

Over £280m of inheritance tax may have been unnecessarily paid on life insurance policies in 2018/19 which could have been avoided if the policies had been written in trust, according to a leading Chartered Financial Planner.