Jenna Brown

Drawdown clients are being exposed to high-risk investments without their knowledge as the majority of multi-asset funds are at the higher end of the risk spectrum, according to research from EV.

First Consumer Duty board report deadline is 31 July 10 June 2024 • 2 min read

Persistent problems with pension transfer regulations are causing headaches for savers and must be urgently resolved by the Department for Work and Pensions (DWP), Quilter has said.

Platform One has added another venture capital trust (VCT) investment option to its offering for wealth managers and advisers.

Brooks Macdonald has named Andrea Montague as its next group chief executive, after Andrew Shepherd announced his retirement from the business after 22 years.

Witan is to merge with Alliance Trust in the UK's largest investment trust merger.

PortfolioMetrix has been chosen as one of Liberate Wealth’s central investment proposition (CIP) partners.

Wealthtime’s 2023 earnings before tax and interest increased to £10.6m with revenue increasing by 17.4% on the previous year, latest results show, however, a multi-million pound customer compensation provision remains unresolved.

More risk may be present in the client decumulation phase than advice firms currently factor into the planning process, according to a NextWealth report.

There is a significant opportunity for the Labour government to drive investment and growth if it works in partnership with the financial services sector and gives more credence to the role of retail investors, the Personal Investment Management & Financial Advice Association (PIMFA) has said.