The not-for-profit Initiative for Financial Wellbeing (IFW) - set up by Financial Planning entrepreneur Chris Budd - has signed up Aegon as its first ‘founder partner’ member.

Fund manager Schroders has launched a blended range of fund portfolios that will switch between passive and active funds depending on the economic conditions.

More than 60% of insurance professionals have been contacted by consumers struggling to afford insurance payments due to the impact of coronavirus, according to a Chartered Insurance Institute survey.

Adviser directory provider Unbiased has launched four new packages for advisers in response to the Coronavirus pandemic.

Bristol-based Financial Planning business Brunel Wealth has merged with Chartered Financial Planner firm North Star Wealth Management of Southampton.

The FCA has delayed the publication of its Annual Report and Accounts - due this month - for at least two months due to the Coronavirus pandemic.

A survey of over 4,000 UK adults found that 44% say they are more “stressed and anxious” than usual due to the Coronavirus pandemic.

The ABI says that its board chairman Jon Dye, chief executive, Allianz Insurance, and deputy chairman Julian Adams, director, public policy and regulation at M&G have agreed to extend their current roles to serve a full two year term, ending in summer 2021.

The FSCS paid over 258,000 customers who had suffered losses from 874 failed financial services firms in 2019/20, predominantly using levies from over 49,000 regulated firms.

Over three quarters (83%) of Financial Planners want the Lifetime Allowance (LTA) scrapped due to the complexity of the rules and protections, according to a new poll.