Only one in 20 independent financial advisers currently use AI despite half believing it presents an opportunity for their businesses, according to a new study.

Hargreaves Lansdown has given more time for a private equity consortium to firm up its £5.4bn offer for the company as its latest trading update revealed it had reached a record AUA of £155.3bn.

The government has revealed details of the Pensions Review promised in the Labour manifesto which is likely to see “significant legislative changes across the pensions landscape in the next 12 months”, according to former pensions minister Steve Webb.

IFA directory firm Unbiased is to increase its monthly subscription fees by 7.5% on average with an 11.5% increase in charges for leads.

An employee of wealth manager St James's Place - once bed-ridden for several years due to injury - is to take on one of the world’s toughest cycle races to raise money for charity.

The FCA has imposed trading restrictions on wealth manager City & Merchant Limited (FRM154182) and its appointed reps.

Adviser platform Nucleus has appointed two new platform directors to support the launch of a new retirement platform for Financial Planners.

The private equity acquisition of SIPPs and Financial Planning firm Mattioli Woods has been delayed by a month due to delays getting approval by the Government due to national security.

The FCA has told firms to do more to ensure politicians, senior public servants and their families are not treated unfairly.

Total advised customers rose 7% year-on-year to 168,000 for investment platform AJ Bell, according to a trading update from the firm today.