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Total assets managed by UK investment managers fell to £8.8 trillion in 2022 - down 12% year on year, according to the Investment Association’s (IA) annual Investment Management Survey.
Wealth manager St James’s Place is expanding its work with charity Young Enterprise to support the accreditation of schools looking to become Centres of Excellence for financial education.
The FCA published 146 warnings about crypto-asset promotions in just the first day of its new crypto-marketing regime which was introduced on 8 October.
India was the best performing investment fund sector over the summer with the infrastructure sector faring the worst, according to new analysis.
A crooked tax agent and accountant - who is also an internationally-ranked chess player - has been jailed for 10 years after being found guilty of stealing more than £750,000 in a tax and mortgage fraud.
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Twelve firms entered default in August and September, including ten financial adviser firms and two credit unions, the FSCS has confirmed today.
Pension services and SIPP provider STM has been acquired by Guernsey-based investment vehicle Pension SuperFund Capital in a £39.8m deal that was extended several times since first being announced in July.
Turbulent economic conditions and the Consumer Duty challenges have hit confidence in the future of the advice profession with 16% - one in six - of firm owners looking to sell or exit the market in the next 18 months.
The number of Financial Planners is set to grow according to wealth consultancy NextWealth, after its research showed that Financial Planners are younger and more ambitious than typical financial advisers.