One in four financial advisers believes that the FCA’s plans to introduce ‘targeted support’ to widen the availability of financial guidance to millions may have a negative impact, according to a major new survey.

Financial advisers should play a greater role in client wellbeing and offer more emotional, mental and general health support, a national IFA firm has recommended.

The pension sector has been warned that it needs to accurately define adequacy targets to ensure people avoid under-saving for their retirement.

Robert Hughes-Penney, investment director at Rathbones and CISI Chartered Fellow, has been elected as Sheriff of the City of London.

Wealth manager Quilter has reported a 200% year on year increase in the number of Lifestyle Trusts opened in 2024.

Manchester-based Pareto Financial Planning has seen a 30% increase in new business for the year ending 31 March.

Two thirds (65%) of complaints made by whistleblowers to the FCA last financial year included allegations related to compliance.

Expanding national Financial Planner Wren Sterling has acquired £700m AUM City Financial in Scotland to double its presence north of the border.

The Premium Bond prize fund rate will be reduced for the third time this year, falling from 3.8% to 3.6% from the August draw.

Former Treasury director Kirstin Baker has been appointed as the new interim chair of The Pensions Regulator (TPR) to replace Sarah Smart.