Wealth managers not equipped to deal with rise in high net worth demand for offshore investments, says analytics firm GlobalData.

The Personal Finance Society (PFS) has branded the findings of an FCA survey, released yesterday, which showed nearly 50% of pension savers accessed their pension pots in the past 12 months without taking any regulated advice or guidance, “alarming”.

Becky Jones, who works for investment provider BNY Mellon, has been appointed as the youngest ever President of the Chartered Institute for Securities & Investment Manchester and North West District Branch.

Wealth manager and Financial Planner Succession Wealth has appointed six directors to help drive its expansion plans.

Nearly 50% of pension savers accessed their pension pots in the past 12 months without taking any regulated advice or guidance, The FCA’s Retirement Income Data reveals today.

The wealth manager trade association PIMFA has signed up David Ellis, CEO of Harlequins Rugby Club and TV wildlife presenter Chris Packham as keynote speakers for its 19th Annual Summit.

Invesco has launch its new Model Portfolio Service (MPS).

Financial Planning firm founder and client wellbeing advocate Chris Budd and industry colleagues have launched the Institute of Financial Wellbeing.

Two leading pensions firms have gained Master Trust authorisation from The Pensions Regulator (TPR).

Retirement wealth planning firm James Hay has appointed platform veteran Stephen Wynne-Jones as its head of marketing.