VitalityInvest has launched a new transfer service for advisers enabling them to consolidate clients' investments on its platform.

Three in 10 (29%) of clients say that their wealth managers may have incorrectly assessed their attitude to investment risk.

The FCA has extended temporary measures allowing firms to opt out of 10% depreciation notices to investors for a further 12 months to December 2022.

Three quarters of financial advisers avoid complex investments, according to new research.