The number of retirees opting for income drawdown has more than trebled since the introduction of pension freedoms, new figures show.

SIPP and platform provider James Hay has seen revenues drop by £1.4m, in disappointing results for the first half of the year.

A new survey has revealed the rapid growth of Centralised Investment Processes (CIPs) with 82% of intermediaries now using a CIP and 76% using model portfolios.

Platform provider Parmenion has bolstered its growing sales department in the North East, with the appointment of a new sales manager.

Wealth management and Financial Planning firm EQ Investors has announced that its Positive Impact Portfolios are now available via Aviva’s Platform.

People in the UK are underestimating the cost of elderly nursing care homes by a total of £7bn each year, equivalent to £317 per week per person.

Average investment advisory fees have increased by 17% over the last three years, a new report has revealed.

Dozens of Financial Planners are set to attend information and advice workshops on how to grow small businesses.

A Financial Planner turned author has written a new book which gives people tips on how to live a full life by ‘squeezing the orange.’

A Northern Ireland-based Financial Planning firm took the unusual step of closing its offices for a month in July and allowing staff to work remotely.