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Sky News is reporting that wealth manager and Financial Planner Brooks Macdonald is plotting a £300m bid for fund manager 7IM.

The ideal retirement income is £22,500 per annum, according to new consumer research.

AJ Bell has opposed FCA plans for a default investment fund for non-workplace pensions.

Bestinvest, the D2C arm of Tilney Smith & Williamson, is to axe most ad hoc SIPP fees from 1 March as part of a wider shake-up of fees and services.

Over two thirds (69%) of financial advisers are considering changing platform provider over the next 12 months, according to new research.

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