Drawdown clients are being exposed to high-risk investments without their knowledge leaving advice firms on a “ticking time bomb” of potential complaints, according to Financial Planning fintech EV Financial Solutions.

Manchester-based Pareto Financial Planning has reported strong growth across the business with a 14% increase in turnover in 2023-24 and more than £1bn in assets under management.

The Labour Party may abandon its pledge to reinstate the pensions lifetime allowance (LTA), according to a report in the FT today.

Just 4% of people would consider a career as a financial adviser with a slightly higher percentage - 9% - saying they would consider a career as a Senior Paraplanner.

A new study of Charity Commission data has revealed that 58% of charities hold no long term investments and are potentially missing out on £1.5bn in returns a year.

Oliver Cooke has moved from his role as executive chairman of Financial Planning group Tavistock to become non-executive chairman.

Troubled wealth manager and financial services firm WH Ireland has agreed to sell its capital markets division for up to £5m to help stabilise its finances.

Two in three adults aged 40 and over are in the dark about what the Triple Lock provides, according to a new survey.

Abu Dhabi-based wealth manager Hoxton Capital Management has continued its UK buying spree by acquiring London and Southend IFA Devine Financial Management.

The Financial Services Compensation Scheme has opened an investigation into two companies owned by the Tenet Group which fell into administration yesterday.