Nearly one in 10 (9%) over-60s say they are planning to delay their retirement indefinitely due to the cost of living crisis, according to a new study.

Adviser fintech and back office provider Intelliflo has added cashflow modelling and planning capabilities to its core Intelliflo Office system.

SIPP provider and wealth manager Mattioli Woods has acquired a 50.1% stake in Lincoln-based mortgage adviser White Mortgages for £425,000.

Over half (51%) of Financial Planning firm owners said they expected to exit or sell their business within the next five years, according to new research.

Net inflows have dropped 31% year-on year to £2bn (Q1 2022: £2.91bn) for wealth manager St James’s Place in the first quarter of 2023, according to a trading update issued this morning.

Administrators have given more details on the failure of major SIPP provider and fintech Gaudi which went into administration yesterday.

Sipp provider and fintech Gaudi Regulated Services has gone into administration on the same day the firm sold its pension business book to platform provider Platform One.

Pension transfer activity in March dipped to its lowest level since September in 2022.

Wealth manager and Financial Planner Evelyn Partners has reported a record £1.7bn of gross new money in Q1.

Platform One has agreed to acquire fintech Gaudi and take over the £1bn-plus SIPP assets currently administered by the firm.