ISA withdrawals from adviser platforms rose 42.8% year-on-year in 2023 as the cost of living crisis started to bite, according to a new report.

The FCA has today published a warning notice against Neil Woodford and Woodford Investment Management alongside its findings against Link Fund Solutions.

More than four in ten retirees (42%) surveyed by Standard Life said they regretted failing to seek financial advice.

Redditch-based Go IFA Ltd has become the fifth advice firm this week to be declared as failed or under investigation by the FSCS.

In a trading update today XPS Pensions Group reported revenue from continuing operations rose by 20% for the year ending 31 March 2024.

Fund manager Neil Woodford and his company Woodford Investment Management are to challenge the FCA’s findings on the management of liquidity for the Woodford Equity Income Fund, according to their lawyers.

The Equity Release Council, the trade body for equity release providers, has published a new Consumer Duty-friendly guide to help financial advisers communicate more clearly and simply with clients about equity release.

The Financial Services Compensation Scheme has launched an investigation into a duo of connected Dorset financial adviser firms following advice given to members of the British Steel Pension Scheme.

Over £612m was lost to investment fraud in 2023, according to new data from crime reporting service Action Fraud.

The latest issue of Financial Planning Today magazine, the premium publication for the Financial Planning and Paraplanning professions, is now available.