Three pensions and investments professionals have been nominated for lifelong peerages and are likely to join the House of Lords this year.

Only 27% of Britons would speak to a Financial Planner if they received £500,000, according to new research.

The Financial Conduct Authority may require property fund investors to give 180 days notice of withdrawal in future.

Crispin Odey, founding partner of Odey Asset Management, has been charged with indecent assault and is due to appear in court on 28 September at Westminster Magistrates Court.

Crispin Odey, the 62-year-old founding partner of Odey Asset Management, has been cleared of indecent assault at Westminster Magistrates Court today. 

Walker Crips, the investment management firm with a Financial Planning-focused wealth management division, has reported full year profits for the year ended 31 March up 97% to £963,000.

Mattioli Woods, the SIPP and wealth management firm, has received FCA approval for its £25m takeover of private client firm Hurley Partners.

Shareholders of wealth manager Smith & Williamson have voted today to approve the merger of the company with Financial Planning and wealth management rival Tilney.

HMRC has reported that  £2.3 billion was withdrawn from pensions flexibly in Q2 - a 17% fall year-on-year from the £2.8 billion seen in Q2 2019.

The CISI is urging UK Financial Planners to get involved in this year’s Financial Planning Week to help consumers cope with the “huge shock” of Covid-19.