Tavistock has said that its senior managers and the majority of other staff have made voluntary salary waivers and the IFA and Financial Planning group has also made use of the Government’s furlough scheme.

Market volatility has seen 450,000 fewer people use investment ISAs but a 21% jump in the use of Cash ISAs, according to the latest figures from HMRC.

Britain has dropped down the rankings of the best European countries for retirees in 2020.

Emails pushing a bogus Coronavirus business grant scheme dressed in UK government branding have put leisure and hospitality businesses at risk of falling victim to fraud.

New research has shown that 60% of Financial Planners expect clients to start managing more of their investments, such as pensions and ISAs themselves, instead of using an adviser.

A recent survey found that close to two-thirds (65.6%) of those who spoke to their adviser during the pandemic felt very well prepared (29.6%) or quite well prepared (36.1%) financially.

Kingswood has acquired regional Financial Planner Sterling Trust, doubling its wealth advisory and Financial Planning business, with three more UK acquisitions in the pipeline.

The Financial Reporting Council, the regulator of auditors, accountants and actuaries, has launched investigations into three audit firms over their audits of collapsed mini-bond firm London Capital & Finance plc (LCF).

Wealth manager and Chartered Financial Planner Brooks Macdonald has bought the Channel Islands wealth management and funds business of Lloyds Bank International for £9.63m.

More than half (51%) of financial advisers say working remotely with clients has been their biggest personal challenge in adapting to the Coronavirus pandemic.