Sanlam is to sell its UK Financial Planning and wealth management businesses but will retain its UK asset management arm.

Investors who regularly see a financial adviser are significantly more confident about their future financial prospects, according to a new survey for wealth manager and Financial Planner Sanlam.

Only 47% of Brits with more than £50,000 of investable assets are using the full annual ISA allowance, new research reveals.

Sanlam UK is to cease charging VAT on its model portfolio services (MPS) from 1 April.