Gross inflows at wealth management giant St James’s Place (SJP) fell 5% in 2020 to £14.33bn, according to its latest trading update published today.

Assets on platform engine provider GBST’s Composer wealth management administration platform increased by 12% to £150bn in 2020.

Financial advisers expect the proportion of ESG investments they recommend to rise to 48% of total investment recommendations in the next five years, according to a new report.

EU-headquartered robo-adviser Scalable Capital is to close its UK business.

Wealth managers need to adapt to fundamental changes to client behaviour caused by the Coronavirus pandemic, according to a new report.

The London Stock Exchange Group has completed its £20bn acquisition of global data provider Refinitiv in an all-share deal.

Expanding Financial Planner Perspective Financial Group has recruited Dan Stokoe, a former regional head at Schroders Personal Wealth.

Pension savers withdrew £9.4bn flexibly using the Pension Freedoms in 2020, new HMRC data reveals.

Hargreaves Lansdown has seen the average age of clients drop from 45 to 37 in what it believes is a significant shift in its client demographics, it revealed today in its half yearly results.

Nearly 1 in 3 financial advisers believe that the FCA’s new ‘Investment Pathways’ pension reforms - which come into effect today - will cut demand for retirement advice although some expect a boost to advice demand.