Since lockdown started to bite nine months ago there has been a revolution in technology for Financial Planners with most compelled to invest in new technology.

Heartwood Wealth Management has migrated to its parent brand Handlesbanken and been rebranded as Handelsbanken Wealth & Asset Management.

Nearly three-quarters (74%) of over-45s have failed to seek help with retirement planning from a financial adviser, either together or on their own, according to new research.

Over a third (35%) of Britons have never reviewed their retirement plans and 29% fear they will be short of money when they retire, according to new research.

Wealth manager Harwood has placed a subsidiary, appointed rep adviser firm Network Direct, into voluntary administration due to “weak investment markets” and rising Professional Indemnity insurance costs.

There is no overall consensus between Financial Planners on the best strategy to secure clients an income in retirement, according to new research.

The Financial Conduct Authority has fined FX options broker TFS-ICAP £3.44m for giving misleading information to clients.

Schroders is aiming to raise £100m for a new Social Impact investment trust to be floated on the London Stock Exchange.

Pension consultant Willis Towers Watson has warned that pension schemes could be forced to top up 100,000 historic pension transfer payments following a High Court ruling.

Mortgage and protection business Just Mortgages, part of the Openwork network, is to launch a new wealth division in January called Just Wealth.