A third of UK adults are in the dark about how they would fund later life care despite being only a year away from retirement, according to new research.

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Some financial services firms are at risk of being unable to apply the new Consumer Duty rules which come into force in six months, the FCA has warned.

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Defined benefit transfer values fell by more than a third last year as investor concerns over UK debt drove gilt yields higher, according to new analysis.

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Inheritance tax receipts for the current tax year to-date have reached a record £5.3bn, according to the latest figures published by HMRC.

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A third of large financial advice firms are likely to become platform operators in the next three years, a new report suggests.

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Long-term funds domiciled in Europe had their worst year in 2022 in term of flows since 2008, shedding €130bn (£114bn).

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Growing digital wealth manager Moneyfarm has appointed former Virgin Money chief Dame Jayne-Anne Gadhia as chair.

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A fraudster who claimed to be an investment manager has been jailed for three years after conning friends and family out of millions of pounds.

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Simon Foster has been appointed chief executive of Barnett Waddingham SIPP taking over from Julia Bassett who had held the position for 13 years.

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A million more people will be paying higher rate tax by 2027, according to forecasts published by HMRC in response to a Freedom of Information (FOI) request.

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