The UK has struck a new deal with Switzerland which will enable UK wealth managers to more easily serve Swiss clients, and vice versa.

Fast growing Scottish Chartered Financial Planning firm Acumen has added 16 new staff in 2023, it reported this week.

Macclesfield-based pension adviser The Chambers Partnership Ltd (FRN 495472) has been declared in default by the FSCS, opening the door to at least one compensation claim.

Financial Planners Phil Billingham, David Crozier and Shannon Currie provide an update on their long-running campaign to raise money and support the people of war-torn Ukraine and refugees in neighbouring Moldova.

M&G is to formally wind up its troubled £565m M&G Property Portfolio Fund and sister fund, the M&G Feeder of Property Portfolio, on 29 December.

Nearly seven in 10 financial advisers (69%) expect continuing pressure on client fees due to the impact of the Consumer Duty.

Fund manager and platform Fidelity has revealed the investment winners and losers for its clients in 2023.

The DB Pensions Transfer Value Index compiled by XPS Pensions increased by 2.6% during November to £156,000, the biggest increase seen since March.

Scotland has introduced a new tax band set at 45% of earnings between £75,000 and £125,140.

The CPI inflation rate dropped from 4.6% in October to 3.9% in November, continuing a rapid decline seen in recent months.