Wealth manager Charles Stanley has bolstered its Financial Planning arm with four senior hires, allowing it to develop its regional footprint.

Six in ten (59%) investors with over £500,000 in investable assets are concerned about the threat of recession and the damage high inflation will do to their portfolios, according to a new report.

The exodus of pension trustees is set to gather pace with the number planning to step down within a year up by a third.

Financial Planners have welcomed a “skillful” budget but warned it will hit higher earners.