Pension Freedom cash is increasingly being channelled into bricks and mortar which has become the most popular place to invest for people taking out money from their pension.

Seven in 10 investment ISA portfolio are in sectors with top risk ratings of Five to Seven – even though research shows only 9% of UK adults rate their appetites for risk as being this high.

MPS on the Work and Pensions Commitee are to re-open their inquiry into auto-enrolment to assess the impact the Lifetime ISA (LISA) announced in the Budget will have on auto-enrolment.

More than four in ten (44%) Scottish savers squirrel away more now than two years ago, compared to a national average of 41% but one in five (21%) are saving only for the short term, while just 16% are focusing on the longer-term future.

NS&I is reducing the interest rates on five of its variable rate products and will also also be changing the fixed interest component offered to Index-linked Savings Certificates customers whose investments are maturing.

Sales of annuities have unexpectedly picked up in recent months, according to the ABI in a report published one year after the introduction of the Pension Freedoms.

A survey of users by adviser technology company Intelliflo has found that half would welcome the UK leaving the EU with nearly two thirds (62%) saying it would have a positive or neutral impact on the long term future of the UK.

Tilney Bestinvest has appointed Alan Edwards as its new head of investment management for England. 

Harwood Wealth, the expanding Financial Planning and discretionary wealth management group which has acquired a number of adviser firms, has begun trading on AIM today.

After several years of decline, the number of UK financial advisers stabilised in 2015 and there are signs there may have been a small increase, according to a report by trade body APFA, the Association of Professional Financial Advisers (APFA).