Wealth manager Tilney Smith & Williamson has recruited a new Financial Planner from St James’s Place for its Chelmsford Tilney Financial Planning team.

A new study suggests that the traditional retirement client base many financial advisers rely on has shrunk by 25% over the past 10 years and may continue to decline.

Capita-owned business software provider Synaptic has launched Risk Explorer, a software investment research tool for financial advisers and wealth managers.

The Financial Conduct Authority has confirmed that international financial firms seeking authorisation must have an active place of business in the UK to operate in the UK market post-Brexit.

Pension savers have reclaimed £693m in overpaid pension tax since the Pension Freedoms were introduced in April 2015.

Six out of ten financial advisers have suffered depression, anxiety, emotional distress or another mental health condition during the Coronavirus pandemic.

Responsible investment funds attracted a record £1.1bn in net retail sales in December.

Cohabiting unmarried couples are in danger of overpaying tax by thousands of pounds, a Chartered Financial Planner has warned.

The Bank of England’s Monetary Policy Committee has held interest rates at 0.1%.

The Government has rejected proposed flexibilities for the NHS Pension Scheme and addressed age discrimination issues within the scheme.