Funds managed by Investment Association (IA) members reached a milestone figure of £10 trillion for the first time in 2021.

Chris Philp, Chief Secretary to the Treasury, has refused to confirm that the State Pension will be uprated in April in line with inflation.

Investment and wealth manager M&G has hired ex-AXA IM CEO Andrea Rossi to be its next chief executive on a package potentially worth over £5m a year.

The Bank of England made a surprise intervention today when it stepped in to stabilise market liquidity by increasing its government bond purchase to a potentially unlimited amount.

Private pension savers withdrew £3.57bn in the second quarter of this year, a 23% increase year-on-year.

More than seven out of 10 High Net Worth individuals (73%) in the UK say they pay the 'right amount' of tax.

Two in three (64%) households that currently save have either already decreased or stopped their savings habit altogether, or expect to have to do so, due to increased living costs.

Retirement specialist Just Group is to give all staff earning under £50,000 a year a one-off payment of £1,200 to help them cope with soaring inflation and energy bills.

The Financial Conduct Authority is to host a series of webinars to help advisers firms prepare for the new FCA Consumer Duty.

The FCA is to launch a regulatory review which could see the boundary between advice and guidance softened.