Six out of ten financial advisers have suffered depression, anxiety, emotional distress or another mental health condition during the Coronavirus pandemic.

Pension savers have reclaimed £693m in overpaid pension tax since the Pension Freedoms were introduced in April 2015.

The Financial Conduct Authority has confirmed that international financial firms seeking authorisation must have an active place of business in the UK to operate in the UK market post-Brexit.

Capita-owned business software provider Synaptic has launched Risk Explorer, a software investment research tool for financial advisers and wealth managers.

A new study suggests that the traditional retirement client base many financial advisers rely on has shrunk by 25% over the past 10 years and may continue to decline.

Wealth manager Tilney Smith & Williamson has recruited a new Financial Planner from St James’s Place for its Chelmsford Tilney Financial Planning team.

The Financial Conduct Authority has won an interim restitution order of £676,000 against 5 of the 7 defendants accused of carrying on unauthorised deposit taking.

Wealth manager and SIPP provider Mattioli Woods has bought London-based Financial Planner Montagu Limited in a deal worth up to £2.34m. 

Retirement solutions and platform provider Embark has launched an Investment Pathways tool to help non-advised customers move their pensions into income drawdown.

Expanding wealth manager and Financial Planner Kingswood has launched an ESG bond fund.