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Social media ‘finfluencers’ who provide sometimes suspect advice online are losing influence as retail investors increasingly turn to professional financial advisers, according to a survey.
California-based fintech Marygold & Co has acquired its second UK Financial Planning firm ahead of a bigger push into the UK savings and advice market.
The Financial Ombudsman Service received a total of 95,349 complaints between 1 July and 31 December 2023 compared to 79,921 complaints in the same period in 2022.
Only 1 in 3 savers confident making pension decisions
Written by Kat MitchellOnly 35% of pension savers are confident about making retirement decisions, a new report suggests.
Fast-growing wealth manager and Financial Planner Söderberg & Partners has taken a significant minority stake in IFA consolidator Cardan.
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The Financial Services Compensation scheme has declared City of London-based adviser firm Alexander David Securities Ltd (FRN 469150) in default.
Pensions consulting and administration business XPS Pensions Group has promoted 147 people, including 11 new partners, across its actuarial, pensions, investment, covenant, administration and SIPP businesses.
Four out of five people aged 55 or over are charting their own path to retirement and turning their backs on guidance and advice, according to new research.
Almost half of older workers are unaware that their pension has a choice of investment funds to choose from or even what their pension fund is invested in.