Britain has dropped down the rankings of the best European countries for retirees in 2020.

Emails pushing a bogus Coronavirus business grant scheme dressed in UK government branding have put leisure and hospitality businesses at risk of falling victim to fraud.

New research has shown that 60% of Financial Planners expect clients to start managing more of their investments, such as pensions and ISAs themselves, instead of using an adviser.

A recent survey found that close to two-thirds (65.6%) of those who spoke to their adviser during the pandemic felt very well prepared (29.6%) or quite well prepared (36.1%) financially.

Kingswood has acquired regional Financial Planner Sterling Trust, doubling its wealth advisory and Financial Planning business, with three more UK acquisitions in the pipeline.

The Financial Reporting Council, the regulator of auditors, accountants and actuaries, has launched investigations into three audit firms over their audits of collapsed mini-bond firm London Capital & Finance plc (LCF).

Wealth manager and Chartered Financial Planner Brooks Macdonald has bought the Channel Islands wealth management and funds business of Lloyds Bank International for £9.63m.

More than half (51%) of financial advisers say working remotely with clients has been their biggest personal challenge in adapting to the Coronavirus pandemic.

The FCA wants improvements in the ‘value for money’ members of workplace pensions receive.

A survey of 1,000 UK investors suggests the majority (58%) believe a recovery from the impact of the Coronavirus pandemic will take “years.”