One in five (19%) investors on the AJ Bell platform plan to use money from their ISA, pension or investment account to help family members battle the rising cost of living.

Three in four Financial Planners are serving more clients than they were three years ago.

Two failed advice firms have been declared in default by the FSCS, opening the door to compensation claims.

The Financial Ombudsman Service plans to freeze its fees for 2023/24 at this year’s level due to the economic pressures facing firms.

Wealth manager and Financial Planner WH Ireland made a pre-tax loss of £380,000 over the past half year as revenue slumped due to market turmoil.

Unbiased, the adviser directory, is to launch additional products and services and to look at international expansion after receiving £5m in new investment from YFM Equity Partners (YFM).

The Association of Member-Directed Pension Schemes (AMPS), the industry body for SIPP and SSAS providers, has selected Andrew Phipps, senior propositions manager at Embark Group, as its new chairman.

Today’s Scottish Budget saw middle and higher earners hit with an additional tax bill from next year.

The Treasury Committee, the influential House of Commons group of MPs, has backed the appointment of new FCA chair Ashely Alder who will take over at the FCA from February.

Financial Planning firm Furnley House, the financial services arm of Superbia Group, has acquired Nottingham-based adviser firm CDG Financial Services Ltd.