The Financial Services Compensation Scheme has warned that retirees are being tempted to put money into investment products claiming to offer high returns due to the prolonged low interest savings environment.

Schroders Personal Wealth, the Financial Planning joint venture launched by Schroders and Lloyds Bank, has reported a 75% increase in referrals supported by the firm’s new relationship consultants but has only published limited results for the latest quarter.

Fintel chairman and industry veteran Ken Davy steps down today at the firm’s first AGM since rebranding from SimplyBiz last month.

A skill shortage within the Financial Planning market has provided an opportunity for candidates to command bigger pay packages.

The UK is undergoing a “personal finance revolution” in the “most profound transformation in history” according to deVere Group founder Nigel Green.

HMRC collected £5.33bn from inheritance tax in the 2020/21 tax year, a rise from £5.12bn in 2019/20.

Financial Planning firm Succession Wealth has launched Succession Sports & Entertainment, a specialist advice arm for sporting and entertainment professionals.

Tom Dunbar has been appointed chief development officer at adviser platform Transact’s parent company Integrated Financial Arrangements (Integrafin).

HMRC has given London Capital & Finance (LCF) ISA investors the green light to reinvest their Financial Services Compensation Scheme (FSCS) compensation payments into a new or existing ISA. 

Maven Wealth Management, the Welsh hub of Financial Planners and wealth managers Independent Wealth Planners (IWP) has recruited highly experienced Financial Planner Gareth Tregidon CFP as head of Financial Planning.