Investment platform AJ Bell has written to new Chancellor Rachel Reeves urging the government to merge all the different ISA types to make life easier for investors and unlock £30bn currently sitting in cash ISAs.

The cost of a moderate retirement income is £25,000 per year for a single person and £36,480 for a couple, according to the latest data from Hargreaves Lansdown’s Savings and Resilience Barometer, published today.

Troubled wealth manager and financial services firm WH Ireland has sold its capital markets division to Zeus Capital to help stabilise its finances.

Wealth manager and Financial Planner Evelyn Partners has appointed Charlotte Platts to drive Financial Planning growth for the firm in Northern England, Scotland and Northern Ireland.

The FCA has prohibited former investment adviser and company director Clive Harris Mongelard, also known as Clive Harris and Clive Lindsey, from performing any regulated activity function.

Platform and SIPP provider Platform One has opened a third office as it looks to support further growth aspirations.

Asset manager Premier Miton is to launch a managed portfolio service by the end of the month.

World Financial Planning Day 2024 is to be held in October with the aim of promoting the benefits of working with a Financial Planner.

Swedish wealth manager Söderberg & Partners has invested in three more adviser firms as it expands its financial advice presence in the UK.

The court cases brought by the FCA against the 'finfluencers' accused of issuing unauthorised financial promotions have encountered long delays due to issues with court availability.