We must find new pathways for young talent to enter the Financial Planning profession, PFS chief executive Keith Richards says.

The passive fund industry has grown strongly over the last decade or so as investors have increasingly sought out lower-cost solutions and, in the case of the UK, due to the Retail Distribution Review.

A guaranteed income for life came out top of the most important features in a retirement product consumers were seeking, a survey has found.

Defaqto has appointed a new head of insight and a new senior vice president who have held senior roles at Henderson and Legal & General.