Fast-growing Financial Planning firm AFH says it is confident demand for Financial Planning advice will increase later this year despite seeing a £400,000 drop in Financial Planning fees due to the impact of the Coronavirus, the company reported today.

Wealth manager and SIPP firm Mattioli Woods forecast today that 2020 revenues would match 2019 and a round of cost cutting should help maintain profits.

The Financial Conduct Authority has named the eight insurers who have agreed to take part in a test case to clarify business interruption insurance.

Private equity firm Warburg Pincus has stepped in to get the £45bn tie up between wealth managers Tilney and Smith & Williamson back on track.

An ONS business survey suggests that many ‘paused’ businesses will resume trading in the next four weeks as cash reserves dwindle.

A leading firm of tax advisers has warned that after a pause during the Coronavirus pandemic HMRC is relaunching enquiries into taxpayers’ affairs “as a matter of urgency.”

Pension and investment tool provider Selectapension has added a cashflow modelling tool to its system. 

The vast majority of retail investors stayed invested during the pandemic with just 2% pulling out, according to a survey by a retail investment platform.

Senior executives from finance, consumer rights, research and technology have joined a new body designed to provide industry input to the government-backed financial guidance body MAPS.

The Personal Finance Society has backed FCA’s changes to mandatory Continuing Professional Development (CPD) requirements during the Coronavirus outbreak.