Financial Planning Today

Financial Planning Today serves as the leading daily news platform tailored for Financial Planners, Paraplanners, Independent Financial Advisors (IFAs), and Wealth Managers. It is especially designed for Chartered and Certified Financial Planners and Paraplanners.

National, Trade/B2B

English

Online/Digital

Outlet metrics

Domain Authority

Ranking

Global

#2641006

United Kingdom

#221376

Finance/Financial Planning and Management

#1502

Traffic sources

Monthly visitors

Articles

Wealth transfer is client priority since Budget pension proposals

5 days ago | financialplanningtoday.co.uk | Simon Read

Advisers and clients have become more concerned about wealth transfer since the Government’s proposals in the Autumn Budget to include unused pension assets in the estate for inheritance tax. Some 92% of advisers said they have held conversations with clients about wealth transfer since the Budget, according to the latest Schroders UK Financial Adviser Pulse Survey. The anticipated implementation date of April 2027 is driving the focus, according to the research.
Women’s views sought about working in personal finance

5 days ago | financialplanningtoday.co.uk | Simon Read

The Women’s Wealth Alliance (WWA) has launched a landmark survey of women in person finance to build a picture of the career journeys and lived experiences of women working in the sector. The recently formed WWA is a working group of independent professional body the Consumer Duty Alliance. It aims to attract more women into personal finance and into Financial Planning in particular.
FCA retains 'name and shame' right for investigated firms

5 days ago | financialplanningtoday.co.uk | Simon Read

The FCA has today confirmed that it will only partially axe its 'name and shame' proposals for firms under investigation. In its finalised revisions to its Enforcement Guide published this morning it said firms under investigation will be named and shamed in “exceptional circumstances”.
SFO probes solar investment firm which bankrupted council

5 days ago | financialplanningtoday.co.uk | Simon Read

The Serious Fraud Office has launched an investigation into a solar farm investment firm over alleged fraud committed against Thurrock Council. The Essex council was declared bankrupt in December 2022 after it lost millions investing in solar farms through the firm. The SFO said between 2016 and 2020, Thurrock Council invested hundreds of millions into solar farms, via a bond scheme sold by the UK-based Rockfire Investment Finance Plc and other companies operating within the Rockfire Group.
Minimum needed for retirement falls by £1,000: PLSA

5 days ago | financialplanningtoday.co.uk | Simon Read

The minimum amount someone needs in retirement has fallen, according to the latest update of the Pensions and Lifetime Savings Association’s (PLSA) Retirement Living Standards report. But anyone seeking a moderate or comfortable retirement needs to find more cash to fund their post-work life. The PLSA sets three different retirement lifestyles – minimum, moderate, and comfortable, to give people an indication of the kind of lifestyle they may be on track for.
Retirement standard figures should be ‘wake-up call’

5 days ago | financialplanningtoday.co.uk | Simon Read

Pension experts said that today’s figures from the PLSA about retirement living standards should be a ‘wake-up call’ for savers. The rise in the amount needed for a moderate or comfortable retirement should make pre-retirees think about building up their pension pot to meet their post-work requirements, they agreed. The PLSA figures showed that for a moderate lifestyle, a single person would need £31,700, a rise of £400. A couple would need £43,900, up by £800.
PIMFA warns that CCI plans could ‘create confusion’

6 days ago | financialplanningtoday.co.uk | Simon Read

Wealth management trade body PIMFA has warned the FCA’s intention to improve consumer outcomes and promote transparency around Consumer Composite Investments (CCIs) could do the opposite.
Wealth transfer as important as estate planning to clients

6 days ago | financialplanningtoday.co.uk | Simon Read

Transferring wealth between generations is as important to clients of Financial Planning firms as retirement, according to a new study. Research among senior leaders at Financial Planning firms showed that Intergenerational wealth planning was picked by 31% as the top priority, the same as retirement and estate planning. That was more than tax planning and mitigation, such as managing capital gains, which was cited by a quarter. 25%, of firms as a core client concern.
New chair of FCA Financial Services Consumer Panel

6 days ago | financialplanningtoday.co.uk | Simon Read

The FCA has appointed former Work and Pensions Minister Chris Pond as chair of its Financial Services Consumer Panel. He took up his role today, replacing Helen Charlton who had led the independent panel for three years. The chair leads the panel in providing advice and representing the interests of consumers to help the regulator deliver our strategic priorities.
£68m private equity bid for Frenkel Topping

6 days ago | financialplanningtoday.co.uk | Simon Read

Salford-based financial and professional services firm Frenkel Topping is in talks over a £68m takeover by private equity firm Harwood. Harwood has offered a cash deal of 50p a share, or an alternative offer of 10p a share plus shares in the newly-created company, if the takeover is successful.