Nearly six in 10 Financial Planners (58%) expect demand to increase for tax and estate planning advice over the next five years, according to a new report.

The Openwork Foundation, the charitable arm of adviser network Openwork, has marked its 40 year anniversary by revealing it has so far raised £20.8m for charity over four decades and helped more than 476,000 vulnerable people along the way. 

Openwork’s Mike Morrow and Investec’s Ciaran Whelan have joined the board of wealth manager trade body PIMFA.

Adviser network Openwork has seen the first 19 graduates join its newly-launched Graduate Wealth Pathway Scheme this week.