A major new consumer financial survey has revealed that 24.6m people in the UK have never taken financial advice or guidance with 11m saying ‘perceived barriers’ deter them from seeking advice.

Over half (54%) of advisers say that current cash interest rates on platforms have helped them attract new clients, according to new research.

Fintech and data firm FE Fundinfo has acquired adviser platform and product selection tool provider AdviserAsset.

The FCA has cancelled the regulatory permission of Hull-based claims management firm Claims Direct Yorkshire Ltd (FRN 836352).

Only 37% of UK adults not yet retired know how much they have saved in their pension pot, according to new research.

The Institute for Financial Wellbeing (IFW) has appointed financial education charity Redstart Educate as its first associate member.

The FCA has called on advisers and providers to think beyond email messages to boost pension engagement with consumers.

Wealth manager and Financial Planner Brooks Macdonald has sold its £2.3bn FUM international arm to wealth manager Canaccord Genuity Wealth (International) Holdings Limited for £50.85m.

The Chartered Institute for Securities & Investment (CISI), the professional body which provides the Certified Financial Planner designation in the UK, has awarded CISI Chartered Firm status to wealth manager AHR Dubai.

NS&I, the government-backed savings providers, has today cut rates on some of its fixed term products.