Fidelity has acquired Legal & General Investment Management’s UK Personal Investing business which manages £5.8bn in assets for 300,000 clients.

Fidelity has acquired low cost financial services dealing firm Cavendish Online and will add it to its Personal Investing platform.

Almost three-quarters (71%) of mothers seeking financial advice would like their Financial Planners to develop a relationship with their children.

Nearly half of financial advisers have reported losing a female client after their partner has died.