Wealth manager St James’s Place has changed the manager line-up and cut fees on two of its funds, the Balanced Managed fund and the Continental European fund.

Platforms Novia and Wealthtime have unified under a single group brand as Wealthtime as part of the final stage of a group-wide merger of the firms by their new owner, the private equity group Anacap.

New figures reveal £257.8bn is languishing in savings accounts paying no interest at all, leaving savers missing out on £13.6bn a year in interest.

Adviser network Openwork has recruited St James’s Place exec Anna Davies to be its new wealth proposition director.

Two out of five married couples are keeping their families in the dark when it comes to their plans for passing on wealth, new research suggests.

Expanding global specialist wealth manager Zedra is to acquire LJ Fiduciary and Alvarium Private Office (APO), a private client firm with offices in the Isle of Man, Geneva and the UK.

Wealth manager St James’s Place has applauded a move by MPs to look at ways to boost financial education in schools as it reveals its own growing commitment to helping young people.

New research suggests that 43% of advised clients expect to work past standard retirement age and 29% are actively considering retiring overseas.

Bath-based investment adviser firm Ian Slinger (FRN: 723069) has had its Part 4A permissions to carry out regulated business removed by the FCA due to non submission of required returns.

While most fund managers have made efforts to comply with the regulator’s expectations on the design, delivery and disclosure of their ESG and sustainable funds, more improvements are needed, the FCA says.