Wealth Investment News

Latest News

AI to 'transform' financial services by 2030 - FCA

By Ellie Carric

6/7/26

The Financial Conduct Authority (FCA) has published a review into the implications of advanced artificial intelligence (AI) in retail financial services, finding that it is likely to become a defining force, transforming how firms operate, consumers make financial decisions, and markets function

Highlighted Content

Big endgame results for small pension schemes

For many CFOs and trustees, small DB schemes feel stable but not yet fully resolved. Without deliberate planning, gradual risks emerge. Moving from stability to a clear endgame requires focus.

Family offices increasingly defining ‘purpose of wealth’ to prepare next generation

Family offices are increasingly exploring and defining the purpose of their wealth to prepare the next generation for taking up the mantle, according to AlTi Tiedemann Global and Campden Wealth

Providers ‘must do more’ for savers in legacy pension products – FCA

People holding legacy pension products that are now closed to new savers could be receiving poorer value than those in newer ones, the Financial Conduct Authority (FCA) has warned

Over-65s lack confidence in using bonds for IHT planning

There is a significant awareness gap around how investment bonds can be used as part of inheritance tax (IHT) planning among people aged over 65 in the UK, according to LV=

Retirees regret withdrawing tax-free pension cash ahead of Budget

More than three fifths (61 per cent) of retirees who withdrew tax-free cash from their pension pots ahead of the Budget last year regret doing so, research from Quilter has shown

FCA consults on investment disclosure regime for advisers and wealth managers

The Financial Conduct Authority (FCA) has launched a consultation on simplifying how advisers, wealth managers, and platforms communicate the costs of investing

Wesleyan launches two new With Profits funds

Wesleyan has launched two new With Profits funds to increase access to the benefits of smoothed investments for advisers and their clients

Govt and regulators urged to improve SIPP data reporting

Regulators and policymakers need to improve the collection and publication of data on self-invested personal pensions (SIPP), according to Aberdeen Adviser, after a freedom of information (FOI) request to HMRC showed a “significant gap” in the UK’s long-term savings data