Wealth manager trade body PIMFA has called for radical reform of the advice sector to reach more consumers.

Royal London has launched its Investment Pathways to help non-advised customers move some or all of their pensions into income drawdown. 

Nearly 1 in 3 financial advisers believe that the FCA’s new ‘Investment Pathways’ pension reforms - which come into effect today - will cut demand for retirement advice although some expect a boost to advice demand.

Hargreaves Lansdown has seen the average age of clients drop from 45 to 37 in what it believes is a significant shift in its client demographics, it revealed today in its half yearly results.

Pension savers withdrew £9.4bn flexibly using the Pension Freedoms in 2020, new HMRC data reveals.

Expanding Financial Planner Perspective Financial Group has recruited Dan Stokoe, a former regional head at Schroders Personal Wealth.

The London Stock Exchange Group has completed its £20bn acquisition of global data provider Refinitiv in an all-share deal.

Wealth managers need to adapt to fundamental changes to client behaviour caused by the Coronavirus pandemic, according to a new report.

Financial advisers expect the proportion of ESG investments they recommend to rise to 48% of total investment recommendations in the next five years, according to a new report.

Assets on platform engine provider GBST’s Composer wealth management administration platform increased by 12% to £150bn in 2020.