The Financial Services Compensation Scheme is set to increase its levy yet again as it faces a £92m shortfall, according to its half-year Outlook report published today.

Wealth manager Brewin Dolphin has reported a 20% rise in Financial Planning income in its half year results published today.

A major survey of financial advisers has revealed that nearly six out of 10 report that acquiring new clients has been “significantly harder” during the pandemic.

Chancellor Rishi Sunak has frozen public sector pay for most workers amid a raft of grim predictions for the UK economy he outlined to MPs today in the House of Commons.

Chancellor Rishi Sunak is to scrap the RPI measure of inflation used to calculate millions of pension holders’ annual pension increases despite strong opposition.

The State Pension will rise by 2.5% in April, the Government confirmed today.

Asset manager Avellemy has appointed Graham Bentley as non-executive director and chair to its board.

Financial advisers should help women make the most of personal allowances and reassess their concept of risk to help close the pension gender gap, according to investment platform Parmenion.

Independent Wealth Planners (IWP) has acquired Leamington Spa-based Financial Planning firm Bishop Armstrong for an undisclosed sum.

Aviva has announced in its latest interim report that it will pay out a dividend of nearly a third less than it did before the Coronavirus pandemic.