Net outflows rose 22% for Liontrust Asset Management in the three months ended 30 June (Q2 2024: £0.9bn).

Wealth manager Brooks Macdonald saw £5m of net outflows in the quarter ending 30 June, a 96% fall from the £129m reported the previous quarter and its lowest outflows for two years.

Jupiter Fund Management is to acquire specialist asset manager CCLA Investment Management for £100m.

Andrew Bailey, governor of the Bank of England, has registered his opposition to Government plans to set asset allocation targets for pensions under its new Pension Schemes Bill.

Fintech firm Plannr has partnered with SmartSearch to add anti-money laundering (AML) verification and monitoring technology to its CRM platform.

Evelyn Partners has partnered with Manchester City Women to become the official wealth management partner of the football club.

Chartered financial adviser The Private Office has warned the Government against cutting the Cash ISA allowance, saying that doing so will fail to drive more risk-based investing.

More than 7 in 10 financial advisers (71%) believe it is getting harder for smaller independent financial advice firms to survive, according to a new survey.

Partly-regulated crypto asset provider Ziglu Limited has entered special administration following FCA intervention.

City of London-based Partners Wealth Management, part of the 7IM group, has acquired Surrey Financial Planning firm Navigate Capital Management for an undisclosed amount.