Pandemic boosts ‘rainy day’ savings but many still short

Nearly 48% of people have built up a bigger ‘rainy day’ fund during the pandemic to cover spending for up to six months - although 20% of people said their savings fell during the crisis. 

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Investec combines Planning services to launch advice arm

Investec Wealth & Investment has combined its Financial Planning services and launched a wealth planning service.

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Investec to exit structured product market

Investec Bank will pull out of the retail structured product sector in the UK retail market from April, the company revealed today.

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Morrow and Whelan join PIMFA board

Openwork’s Mike Morrow and Investec’s Ciaran Whelan have joined the board of wealth manager trade body PIMFA.

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