Grandparents have given over £37bn to their grandchildren, with 23% saying this money was being spent on education.

More people trust an IFA to make an investment decision on their behalf rather than a robo-adviser, according to new research.

The UK Paraplanning community is mourning the loss of one of its brightest stars, Gary Tunstall FPFS CFP^TM, who died last weekend at the age of 41 after a long battle with stomach cancer.

Wrap platform operator Nucleus has paid its first dividend to shareholders since launch in 2006.

The Beaufort Group, a national partnership of independent financial advisers, has signed a deal with Innovate Wealth Management of Mansfield, Notts, to join as an appointed representative.

Five people who made £7,000 from leaking more than 700 pieces of confidential data from Allianz Insurance using the WhatsApp messaging service have been sentenced for bribery offences.

Canada Life Group has reached an agreement to acquire the annuity and retirement product specialist Retirement Advantage in a sign of further consolidation in the annuity market.

Friends and family have so far raised nearly £3,000 for the hospice which cared for one of UK Paraplanning's brightest stars, Gary Tunstall FPFS CFP^TM, 41, whose funeral took place last week.

Talbot and Muir is to merge its SIPP and SSAS businesses from October after receiving FCA approval.

A South Wales based Financial Planning firm set up by Chartered Financial Planner Julie Lord is to expand its business next year as the company celebrates its first birthday.