Newly-formed Financial Planning firm Truinvest has acquired two adviser firms to add to the two it acquired last year.

Funds under management held in responsible investment funds have risen 66% over the past 12 months, according to new statistics.

The Financial Services Compensation Scheme declared 14 firms, including six financial advisory firms, in default in January and February.

Schroders Personal Wealth, the Financial Planning business launched by Schroders and Lloyds Bank, has reported £200m in net outflows for 2020.

Schroders Personal Wealth, the Financial Planning business launched by Schroders and Lloyds Bank, is to sponsor up-and-coming international para-rower Ben Pritchard.

One in five of Generation X are now saving less or spending down their retirement savings as a result of the Coronavirus pandemic, according to a new report.

Aviva’s adviser platform has built up assets under management to £32bn, according to the insurance and investment provider’s annual results.

Leading Financial Planners and wealth managers expect only modest changes from the Budget which most see as neutral or mildly positive.

Former Pensions Minister Sir Steve Webb, now a consultant at pensions firm LCP, says that papers published alongside today’s Budget reveal a “mind numbing” £3bn repayment to underpaid women on state pensions.

The Budget 2021 speech as delivered by Chancellor Rishi Sunak in the House of Commons today: