The Investment Association, the body which represents most UK fund managers, says it will “engage closely” with the FCA over the coming weeks on the FCA interim report published today which criticises weak competition in the fund management sector.

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Research into clients attitude to wealth has revealed that people feel “wealthy” if they earn £65,810 a year and have a household income of £86,170.

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Chancellor Philip Hammond is believed to be ready to ban pensions cold calling in his Autumn Statement on Wednesday (23 November) after a vociferous campaign by pensions campaigners and the financial services sector including a number of financial advisers including Darren Cooke of Red Circle Financial Planning.

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A Welsh Financial Planning business is looking to expand rapidly after becoming directly authorised by the Financial Conduct Authority.

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A new law to ban pension cold calls must be prevented from having a “chink in the armour” by failing to include investments, a Chartered Financial Planner heading the campaign says.

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The House of Lords is investigating whether the amount and level of financial education introduced to schools is yet to make a difference.

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Two tech firms are joining forces to launch a new investment platform for advisers aimed at targeting 5 million people lacking access to financial advice.

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A new investment academy is being launched for advisers working towards becoming a Chartered Financial Planner.

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Nearly 1,000 Financial Planning professionals are on their way to Wembley this week.

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An investment firm is calling on the new Chancellor to bring in flat rate tax relief on pensions tomorrow when he makes his first Autumn Statement.

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