Advisers are selecting fewer different types of investment bonds year-on-year but investment bonds remain an important tax wrapper for client money, according to new research.

The £126bn Prudential with profits fund is set to share £3.5bn with more than 2m of its policyholders, owner M&G Wealth has revealed.

Devon financial adviser Mark Anthony Jensen has been banned by the FCA after he was found guilty of £1.2m worth of fraud and jailed for more than five years.

Adviser network Tenet has appointed two regional business managers to introduce new firms and advisers to the network.