Investment and wealth manager Quilter Cheviot is to offer training to financial advisers on how to spot and deal with ‘greenwashing’ - unrealistic and incorrect claims about the green credentials of investments.

FCA proposals to align rules for fund managers and discretionary investment managers pose a “material threat” to managed portfolio services, according to wealth management trade association PIMFA.

UK retail investors pushed £2bn into funds in March, the highest monthly inflow since December 2021.

Over half (55%) of investors say they are scaling back investments, according to new research.