M&G plc plunged into an IFRS loss after tax of £347m last year after making a profit of £309m the previous year, it reported in 2024 full year results today.

Two in five over-50s (44%) have had to cut back on luxuries such as eating out and takeaways due to the rising cost of living, according to a new report.

New platform business rose 43% year-on-year to £20.9bn for the fourth quarter of 2024 as recovery got under way, according to new data.

Hargreaves Lansdown’s chief financial officer Amy Stirling is to leave the business after the imminent takeover of the company goes through.

The acquisition of platform provider Hargreaves Lansdown by a private equity-led consortium for £5.4bn has received court approval and shares in the firm are set to be delisted on Monday 24 March.

The number of people aged 100 or over has doubled in the last 20 years while the number of 90-year-olds is steadily climbing, according to newly-published official government figures.

Financial adviser firms have, on average, completed 75% of their Consumer Duty transformation changes, according to a new survey.

Wealth manager and Financial Planner Evelyn Partners has appointed Gabriela Turner as a director for its London Financial Planning team. 

As retirement ages get pushed back, new research suggests UK workers are far from confident that they will be able to do their job by the age of 70.

Fintech and adviser support services firm Fintel, owner of SimplyBiz and Defaqto, said statutory profits climbed 6.3% to £15.3m in 2024 as revenue climbed.