Chancellor Rishi Sunak is to scrap the RPI measure of inflation used to calculate millions of pension holders’ annual pension increases despite strong opposition.

Chancellor Rishi Sunak has frozen public sector pay for most workers amid a raft of grim predictions for the UK economy he outlined to MPs today in the House of Commons.

A major survey of financial advisers has revealed that nearly six out of 10 report that acquiring new clients has been “significantly harder” during the pandemic.

Wealth manager Brewin Dolphin has reported a 20% rise in Financial Planning income in its half year results published today.

The Financial Services Compensation Scheme is set to increase its levy yet again as it faces a £92m shortfall, according to its half-year Outlook report published today.

David Inglesfield, CEO of acquisitive Financial Planning group Independent Wealth Planners, has spoken exclusively to Financial Planning Today about his plans for expansion, what he has learnt from building five wealth management businesses, and his passion for beekeeping.

Since lockdown started to bite nine months ago there has been a revolution in technology for Financial Planners with most compelled to invest in new technology.

Heartwood Wealth Management has migrated to its parent brand Handlesbanken and been rebranded as Handelsbanken Wealth & Asset Management.

Nearly three-quarters (74%) of over-45s have failed to seek help with retirement planning from a financial adviser, either together or on their own, according to new research.

Over a third (35%) of Britons have never reviewed their retirement plans and 29% fear they will be short of money when they retire, according to new research.