Over 8 in 10 (86%) investors hit by the suspension of the Woodford Equity Income fund in June 2019 suffered a 'negative impact' to their finances, according to the Association of Investment Companies.

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UK GDP saw modest growth in August with an increase of 0.4% but remains 0.8% below its pre-Coronavirus pandemic level seen of February 2020.

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Defined benefit pension transfer values held up close to their record high for most of September but slipped in the last 10 days of the month due to a sharp increase in government bond yields.

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Wealth manager Brooks Macdonald reported a 2.2% increase in funds under management (FUM) for the quarter ending 30 September.

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Revenue in the second quarter at wealth management firm Charles Stanley increased by 15.3% year on year to £46m.

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Quilter chairman Glyn Jones is to step down as chair and director of the firm next year.

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The Bank of England has called for regulation for cryptocurrency saying that crypto finance “poses risks to financial stability.”

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Nearly 9 in 10 Financial Planners expect demand for inter-generational advice to grow over the next 5 years, according to new research.

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Thursday, 14 October 2021
Articles

Debbie Seaton and Nathan Bridgeman have launched a new SSAS provider, SeaBridge SSAS.

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Almost a third of judges breached the annual pension allowance rules in the 2020/21 tax year, an increase of 239% since 2015/16.

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