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Adviser platform net flows halve in Q4
Net adviser platform flows fell to £655m in the fourth quarter of 2023, their lowest total on record, according to analyst Fundscape.
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Defaqto launches Consumer Duty Profiles pilot
Data and research provider Defaqto - which provides Engage Financial Planning software - has launched a pilot for new Consumer Duty Profiles for selected product providers in the personal pension, SIPP and adviser platform spaces.
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State pension age needs to be 71 by 2050, says ILC
The UK will have to increase the state pension age to 71 by 2050 to maintain the number of workers per retiree, according to a new report from the International Longevity Centre UK.
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Mattioli Woods' half-year profits jump 60%
SIPP and Financial Planning firm Mattioli Woods has reported pre-tax profits leapt 60% to £7.6m in the six months ended 30 November 2023.
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SIPP market set to top £500bn from 5 million investors
The UK’s SIPP market is about to top £500bn with five million SIPP investors, and could reach £1tn by 2030, according to a new report published this morning.
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