More than half of the UK’s financial advisers believe that increasing the ISA allowance above its current £20,000 limit would significantly boost investment in stocks and shares ISAs.

Employee-owned wealth manager and Financial Planner EQ Investors (EQI) is considering significant changes to its ownership which could include sale to a larger business.

Five money launderers have been convicted of cheating 40 victims - some of them divorced or widowed - out of a total of £3.25m in a large-scale romance fraud scam.

The chairman and founder of wealth adviser and pensions firm Westerby Group, Les McLintic, has sold the business to employees via an Employment Ownership Trust (EOT).

The Financial Services Compensation Scheme has declared two financial adviser firms in default this week after receiving a growing number of claims from ex-clients.

Financial Planners are seeing an influx of questions on the new pension scheme returns format required for small self-administered schemes (SSAS), according to a trade body.

Planners have urged investors not to make any knee-jerk reaction to the newly introduced import tariffs from the US government.

Half (46%) of pension savers who accessed their retirement funds since the advent of Pension Freedoms did so earlier than planned, according to a new report.

Fund outflows fell to £562m in February from £3bn in January, according to the latest data from the Investment Association, the fund managers' trade body.

Financial services mutual Wesleyan Financial Services has appointed former FNZ CEO Paul McMahon to its board as a non-executive director.