Some 62% of advised clients have never switched financial adviser, according to a major survey by wealth manager St James’s Place.

The total value of ‘lost’ pension pots - pensions which have become ‘disconnected’ with their owners - increased by £4.5bn from £26.6bn to £31.1bn between 2022 and 2024, by the Pensions Policy Institute (PPI) has revealed in a new report.

The FCA has found a sharp increase in non-financial misconduct complaints at regulated firms working in the wholesale financial sectors.

Titan Wealth has signed a deal to acquire £7.9bn AUM Channel Islands wealth manager Ravenscroft Investments Limited.

HMRC repaid £44.3m to savers who paid too much tax when first accessing their pension between 1 July and 30 September this year.

Firms in the retail investments sector, which includes most financial advice firms, had one of the lowest levels of satisfaction with their relationship with the FCA.

The Financial Conduct Authority has written to investors in Novus Black Fund UK Ltd about "significant losses" not reported to them by the alternative investment fund.

The Financial Ombudsman Service (FOS) received 485 new complaints about wealth manager St James’s Place in the first half of 2024 - almost double the previous half year - despite total complaints for the pensions and investments sectors falling.

The Financial Services Compensation Scheme has declared in default Cornwall-based investment firm European American Capital Services Limited which traded as EA Capital (FRN: 401897).

Fidelity has launched two new fixed income active exchange-traded funds (ETFs) to its sustainable active ETF range.