HSBC is considering cutting its UK financial adviser numbers by up to two thirds as part of a move towards more digital products.

NS&I has raised rates for its British Savings Bonds products; with the two, three and five year options all now paying above 5%.

More than nine in ten Financial Planners (93%) say artificial intelligence tools have improved their work efficiency, according to a new report from the Financial Planning Standards Board (FPSB) for its 10th World Financial Planning Today which is being held today.

Expanding wealth manager and Financial Planner Fairstone has acquired Chartered Financial Planner-headed Sussex advice firm Foundation Financial Planning in a move it believes will strengthen its footprint in the London commuter belt.

The latest FCA and Practitioner Panel survey indicated firms continue to have “broadly positive” views of the FCA.

Only 16% of UK adults expect to stop work completely and enter full retirement with 30% expecting to continue working in some capacity during later life.

Almost a third, 29%, of financial advisers and other trust and estate practitioners are seeing more disputes over wills and trusts linked to incapacity.

Fast-growing Financial Planning firm Perspective Financial Group has notched up five further acquisitions, bringing approximately £600m of assets under advice, seven advisers, 22 employees and three new offices.

Wealth manager St James’s Place says 200 newly-qualified financial advisers have graduated its Financial Adviser Academy.

• Warning: References to suicide • 

The All-Party Parliamentary Group on Investment Fraud and Fairer Financial Services has today called for an investigation into the FCA’s handling of whistleblowers.