Fifth of UK workers still unaware of auto-enrolment

Figures from the Office of National Statistics showed that 19% of UK workers are unaware of auto-enrolment into a workplace pension scheme.

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Savers put £11.2bn into retail funds in Q2

UK savers put £11.2bn into retail funds in the second quarter of 2020 according to the latest figures from the Investment Association.

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Pandemic teaches importance of savings – report

Over three quarters of UK adults (77.5%) said that the recent Coronavirus pandemic made them realise the importance of having savings to fall back on, according to a recent survey.

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Fund raising launched in memory of Curtis Banks' Greg Kingston

A fund raising page has been set up in memory of Curtis Banks communications director Greg Kingston who died tragically in July at the age of 47 in a holiday road accident.

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Aviva H1 profit drops by a third as new CEO promises action

Pre-tax profit at Aviva dropped 29% year on year to £1.07bn for the first half of 2020, as the provider pledged to transform their performance and improve efficiency.

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UK economic downturn less severe than feared

The Bank of England said it expects the economy to shrink by 9.5% in 2020, lower than the initial estimate of 14%.

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FNZ-GBST merger blocked following CMA investigation

The Competition and Markets Authority has provisionally blocked the ‘mega-merger’ of platform providers FNZ and GBST due to concerns that the tie-up would hit competition and may lead to investors paying more.

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Fairstone acquires Berkshire IFA - with more deals on way

Expanding Chartered Financial Planning firm Fairstone has acquired Berkshire-based financial adviser Chiltern House as it continues its 2020 growth plans.

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Close Brothers AM expands with new Chester office

Close Brothers Asset Management has opened a new office in Chester to expand its services to local HNW clients and provide more space for its Financial Planners, investment managers and support staff.

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FSCS extends protection for deposits up to £1m

The Financial Services Compensation Scheme (FSCS) has boosted the Temporary High Balance (THB) protection for deposits of up to £1m from six to 12 months for deposit-taker failures which take place from Thursday.

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