Too many wealth advisers view risk profiling as an unnecessary box-ticking exercise and this can lead to poor client outcomes, according to behavioural financial firm Oxford Risk.

Taking financial advice considerable boosts the confidence of UK retirement savers, according to a new report.

Fiona Clutterbuck is to take on the role of interim chair of savings and investment manager M&G while chairman Mike Evans takes a temporary leave of absence.

Financial Planning and wealth management group Perspective Financial has acquired Northamptonshire-based Financial Planner Independent Life & Pensions (ILPG).

Financial Planning, investment and mortgages firm Beaufort Group has appointed Chartered Financial Planner Jade Connolly as chief operating officer.

International wealth manager deVere is offering free advice to clients on socially responsible investing as it seeks to move more clients towards ESG investments.

Smith & Williamson Investment Management’s Managed Portfolio Service has added BlackRock’s Gold and General fund in anticipation of resurgent inflation over the next few years.

Wealth manager St James’s Place is to cut 200 jobs from its workforce following a review of the business.

Adviser network Openwork has seen the first 19 graduates join its newly-launched Graduate Wealth Pathway Scheme this week.

Fund platform and investment manager Fidelity has launched a new restricted advice wealth management service called Fidelity Wealth Management.