The Abrdn Property Income Trust (API) fund is to be wound-down following a failed merger with the Custodian Property Income Reit fund.

The FCA has opened a consultation into new guidance to be added to its Perimeter Guidance Manual (PERG) as the much-delayed Pension Dashboards Programme continues to inch forwards.

National Financial Planner Wren Sterling has completed its first acquisition of 2024 with a deal to buy £265m AUM Newcastle-under-Lyme firm TW Financial Planning.

More than 9 in 10 (92%) of financial advice clients with over £200,000 in investible assets have an allocation to infrastructure investments, according to new research.

Pension transfer activity fell to its lowest level in over six years in February, according to the latest data from pensions consultancy XPS.

The Financial Services Compensation Scheme (FSCS) has declared Manchester-based Pension Advice Specialists Ltd (FRN: 792927) as failed.

The Consumer Duty Alliance, the body aiming to boost trust and confidence in financial advice, is launching a major initiative to help recruit new industry talent.

Wealth manager St James’s Place has added a new ‘CIO Office’ team to oversee the running of its investment processes.

An estimated 6.5m UK adults (12%) are waiting until they get married, become parents, or own a home before they think about arranging key financial products, new research warns.

Nearly four in five (78%) of global HNW investors are holding historically large cash holdings, according to a survey by global fund manager Capital Group.