Wealth manager St James’s Place is to merge four of its UK equity income funds to create a single £4.3bn UK Equity Income fund.

Confidence among investors is at its lowest level since May 1995, according to new data.

Dr Bevan Blair, CIO at Financial Planning firm One Four Nine, has warned advisers to avoid letting client emotions take control of investment decisions for the rest of 2022.

Over nine in ten IFAs would avoid recommending investing in cryptocurrency to their clients, according to a new report.