Acquisitive wealth manager and Financial Planner Kingswood is to raise a further £6m from investors to meet its debt obligations on previous acquisitions.

Nearly one in three retirees are retiring in debt in 2021 according to new research.

Two out of five Britons over 55 will be saddled with debt going into retirement, a report has indicated.

The FCA is writing to 16,000 customers of a debt management firm to inform them it has been refused authorisation and can no longer carry on regulated activities.