The vast majority of HNW individuals (78%) believe that setting Financial Planning targets is important but only 1 in 4 have spoken to financial adviser this year, preferring to adopt a 'hit and hope' approach, according to a new survey.

Wealthy investors are cautious on 2020 but optimistic on the decade ahead, the latest UBS Investor Watch survey has found.

Wealth managers not equipped to deal with rise in high net worth demand for offshore investments, says analytics firm GlobalData.

Seven Investment Management (7IM) is to cut fees for investors with larger sums on its platform.