Assets under management for the wealth management arm of WH Ireland rose 18% to £2.18bn for the year ending 31 March as the group returned a full year profit for the first time in five years and revealed it was seeking more acquisitions.

Two in five working aged women have taken action when it comes to their pension saving after having heard about the gender pension gap, with 8% seeking financial advice, according to new research.

The Financial Conduct Authority (FCA) has proposed new rules to require defined contribution pension providers to offer to book Pension Wise appointments for members before they access their pension savings.

HMRC returned £115.6m in overpaid emergency pension tax in the 2020/21 tax year.

Independent Wealth Planners (IWP) has acquired Chartered Financial Planning firm Professional Wealth Management (PWM) to create a new Newcastle hub.

One in eight workers over 50 have changed their retirement plans as a result of the Coronavirus pandemic, according to the latest figures from the Office for National Statistics (ONS). 

Nearly 92% of shareholders in platform Nucleus have accepted a cash offer from rival platform James Hay which values Nucleus at about £145m.

Financial Planner and wealth manager AHR Private Wealth has launched new private client business based in Surrey which will be led by Steve Ayers, the former head of Lloyds Private Banking in Mayfair, as managing director. 

FE Investments, which provides discretionary Managed Portfolio Services (MPS), has joining a growing band of fund managers in axing VAT from its fund sales. 

Nearly one in six couples keep financial secrets from their partners, according to new research.