Funds were hit by a record £25.7bn in outflows in 2022 as frightened investors withdrew their money, according to a leading investment trade body.
Financial Planning-focused consolidator Radiant Financial Group has continued its recent expansion spree with a deal to boost its presence in the North by acquiring Doncaster-based Ethos Financial Solutions.
HMRC says that a record 11.7m taxpayers submitted their tax returns on time this year.
Wealth manager St James’s Place has announced its 2022 Chartered Award winners, with Matthew Sellens of Crown Wealth Consultants named as SJP Chartered Planner of the Year.
The advised platform market has experienced its worst quarter for net flows since 2016 with just £4.3bn added in Q4 2022 - down £5.4bn on a year earlier.
More than half of people who have some financial responsibility for others (57%) have failed to write a will.
The Unite trade union has claimed that staff anger is reaching tipping point at the Financial Conduct Authority with half of its workers considering leaving.
The government says that crypto trading and crypto assets will be "robustly" regulated under new proposals published today.
NS&I has issued new one-year fixed rate Guaranteed Growth Bonds and Guaranteed Income Bonds today, for the first time since 2019.
The Consumer Duty is a “watershed moment” that must be taken extremely seriously by firms offering investment services and financial advice, a senior director at the FCA has said.