Wealth manager and Financial Planner Evelyn Partners has appointed two new business development managers to help support the continued growth of its IFA business.

Australian-owned fintech Iress said its UK subsidiary had achieved a “significant” turnaround in financial performance this year after it refocused the business on sourcing and wealth.

The rising cost of living remains the second-most important issue facing UK consumers, according to Britons asked by the Office for National Statistics for its latest Public Opinions and Social Trends survey.

Despite wanting to leave an inheritance, the majority of UK adults are struggling to do so, according to a new study from wealth manager St James's Place.

Some 137 equity investment funds holding £53.42bn of client money consistently underperformed their market benchmarks over the last three years, according to Bestinvest’s latest Spot The Dog survey of under-performers.

The £432m private equity takeover of SIPPs and Financial Planning firm Mattioli Woods is set to complete in September following delays due to national security considerations.

Accountancy firm PwC has today been fined £15m for failing to alert the FCA to suspected fraudulent activity at £237m failed mini-bond firm London Capital & Finance plc.

The Financial Services Compensation Scheme has opened an investigation into failed DFM and SSAS investment firm Central Markets Investment Management (CMIM) Limited.

New research suggests that Individual Savings Accounts (ISAs) are at the heart of many people’s retirement savings strategy.

National accountancy firm MHA MacIntyre Hudson, which has a wealth management arm, has been censured by the FCA for failing to notify the FCA of rule breaches by firms it had audited.