The FCA has today imposed stringent restrictions on London-based wealth manager London Stone Securities Limited after concerns the firm was charging clients ‘excessive fees’ sometimes exceeding 65% of portfolio value.

Wealth manager and professional services provider Evelyn Partners is to acquire three offices and 150 staff from Northern accountancy firm Haines Watts.

The Bank of England's Monetary Policy Committee (MPC) has voted 5-4 to cut the bank base rate by 0.25 percentage points (0.25%) to 5% - the first cut in over four years.

The Bank of England's Monetary Policy Committee (MPC) has voted 8-1 to hold the base rate at 5% in a widely expected decision.

The Bank of England's Monetary Policy Committee (MPC) has voted 6-3 to keep the base rate at 4.75% in a widely expected move.

One in five under-40s will be dragged into paying higher or additional rate tax by the 2027/28 tax year as a result of frozen income tax thresholds, according to a new report.

Almost two in three (64%) of current Premium Bond holders have never won a prize, according to new analysis.

Net new business for the wealth management arm of asset manager Schroders grew by 7% (£3.7bn) over the six months ended 30 June.

Over four in five retired annuity holders who would likely qualify for an enhanced annuity do not currently have one, according to new research.

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