The annual cost of a comfortable retirement has increased by nearly a fifth in the last two years as average spending by retired households climbs to £23,675 a year, new analysis of the latest Government data has shown.

Plymouth-based national IFA Continuum has reported assets under influence climbed 19% year-on-year to a record £1.814bn at the end of the second quarter of 2023.

Wealth management platform provider GBST has bought cloud-based Financial Planning software platform Advice Intelligence for an undisclosed amount.

Wealth manager and Financial Planner Evelyn Partners has reported a record £2.2bn of gross new money in the first half of the year. 

Swiss bank and investment provider Credit Suisse has been fined £87m by the Prudential Regulation Authority for “significant failures in risk management and governance” related to the collapse of Archegos Capital.

With the Consumer Duty just days away, a new report suggests that one in seven IFAs is unclear about what 'good customer outcomes' look like.

LifeSight, the defined contribution master trust owned by Data analysts WTW, has partnered with Octopus Money to provide one-to-one money guidance for its members to support their financial wellbeing.

Despite the significant improvement in annuity rates over the past 18 months, only 14% of 50+ year olds who are at least fairly familiar with annuities consider them to currently offer a good rate.

Pension specialist Cartwright has handed each staff member a one-off cost of living payment of up to £2,000 to help them cope with the current challenging financial times.

the Financial Conduct Authority will establish a new panel to provide advice on cost/benefit analysis in response to calls from regulated firms.