LV= has extended its payment break and premium/cover reduction options until 31 December for protection policyholders to allow financially vulnerable clients to maintain cover if they suffer financial difficulties.

Brunel Wealth has acquired Bristol-based investment and pensions adviser Academy Associates for an undisclosed sum.

Only 15% of Britons have relied more on a financial adviser in the last year despite being more engaged with their personal finances.

Pension and investment provider Aegon UK has acquired retirement information, communication and events specialist firm Pension Geeks.

The Financial Services Compensation Scheme has warned that retirees are being tempted to put money into investment products claiming to offer high returns due to the prolonged low interest savings environment.

Schroders Personal Wealth, the Financial Planning joint venture launched by Schroders and Lloyds Bank, has reported a 75% increase in referrals supported by the firm’s new relationship consultants but has only published limited results for the latest quarter.

Fintel chairman and industry veteran Ken Davy steps down today at the firm’s first AGM since rebranding from SimplyBiz last month.

A skill shortage within the Financial Planning market has provided an opportunity for candidates to command bigger pay packages.

The UK is undergoing a “personal finance revolution” in the “most profound transformation in history” according to deVere Group founder Nigel Green.

HMRC collected £5.33bn from inheritance tax in the 2020/21 tax year, a rise from £5.12bn in 2019/20.