Financial Planner and wealth manager Tavistock Investments has acquired AI fintech and back office support firm Plus Group for up to £16m, to boost its AI capabilities ahead of rebranding as Vertex.

New chancellor John Healey has been urged to commit to pension tax stability to avoid another multi-billion-pound increase in early withdrawals from retirement funds.

Three-quarters, 74%, of savers are unaware that their pension pots will become subject to inheritance tax in 2027, according to a new snap survey from workplace pension provider Penfold.

The FCA has today told financial services firms to focus on the outcomes of monitoring customers under the Consumer Duty, rather than just their activity.

More than £6.3bn has been held in Premium Bond accounts with no deposits, withdrawals or updated contact details for ten years, according to new data obtained through an FOI request.

Jersey-based wealth manager Team plc has appointed Lumin Wealth founder John Cusins to the board as an independent non-executive director, with immediate effect.

More than a third (36%) of people in their 60s who have yet to retire say they will need to work longer as a direct result of the planned State Pension age rise.

Wealth manager Canaccord Wealth has hired four experienced wealth planners, including three Chartered Financial Planners, to bolster its wealth management teams around the country.

Most successful Financial Planners that I’ve come across work mainly with an older client base - people in their fifties and sixties - and naturally so, as they are often the ones who have built up considerable wealth and assets over their lifetimes.

The latest FCA report on the advice market has revealed a 13.9% year on year increase in retail investment intermediation revenue in 2025 to £6.5bn despite a decline in the number of investment advisers last year.