Fintech firm Model Office has produced a free Covid-19 handbook for Financial Planners.

People are saving more and spending less as the impact of the Coronavirus outbreak hits personal finances, according to analysis by the Economic Research Council.

I would like to share some good news this week but realistically the Coronavirus outbreak will test many Financial Planning models to the limit and not all firms will survive.

Defined benefit transfer values slumped by 3% in March and the number of members asking for a transfer value fell to a record low, according to figures released by the XPS Transfer Watch today.