Net inflows fell 25% year-on-year to £1.2bn for AJ Bell’s platform business for the first quarter of 2023.

Fintech Iress is to axe 10% of jobs globally in a major shake-up for the business which says the move will help increase efficiency. 

The Financial Services Compensation Scheme (FSCS) has today declared 17 firms in default - most of them adviser businesses - opening the door to clients claiming compensation.

Link Fund Solutions has agreed to pay around £235m to investors in the LF Woodford Equity Income Fund, following an investigation by the FCA.

Workers hoping for a comfortable retirement could find their living standards hit by having to bear the burden of the risk of poor investment performance and uncertain lifespans, according to a leading economic think tank.

The CISI has awarded Honorary Fellowships to five highly-regarded members of the financial community, all of whom have held senior positions in the organisation.

Asset manager Liontrust has confirmed it has approached the board of GAM with a view to taking over its Swiss rival’s business and merging it with its own to create an asset manager with around £100bn in AUM.

Up to 2.9m people saving into pensions are considering cutting contributions this year as the cost-of-living squeeze continues to put pressure on budgets, according to new research.

The UK’s financial regulators have claimed that by working together they achieved better outcomes for members of the British Steel Pension Scheme (BSPS) as well as savers thinking of transferring their pensions.

CPI inflation slowed slightly last month, falling to 10.1% in March from 10.4% in February on the back of lower petrol prices.