Cash ISA subscriptions rose by 67% to £69.5bn in the 2023/24 tax year, according to new figures released today by HMRC.

Financial advice partnership True Potential Wealth Management has reported losses of £242m for 2024, from a £9m profit in 2023, according to accounts posted with Companies House this week.

Operating losses tripled for the Personal Finance Society in 2024 to £1.45m, according to annual accounts filed with Companies House.

Three in five (60%) of UK savers avoid investing because the see it as ‘too risky’, according to a new report.

A third (32%) of UK savers expect to need an inheritance to have enough income to live on in retirement.

Tweed Wealth Management has acquired Edinburgh-based The James Boyd Practice for an undisclosed sum in its sixth acquisition in seven years.

Over four in five (84%) of financial advisers are prioritising business growth over the next year, according to a new report.

Fairstone Group has appointed former Aldermore Bank CEO Steven Cooper as its new chief executive officer.

New figures from the FCA published today have revealed that the total number of pension plans accessed for the first time rose by 8.6% to 961,575 compared to 885,455 in 2023/24.

Fintech and adviser support services firm Fintel, owner of SimplyBiz and Defaqto, said group revenue increased by 18.6% to £42.4m in the six months to the end of July.