Employee-owned Financial Planning firm Paradigm Norton has been awarded with a King’s Award for Enterprise.

The FCA has launched a review of the claims management market, following concerns that consumers are being failed by some claims management companies and law firms.

London-based financial advice firm Advies has acquired St Andrews Financial, adding around £200m in assets under advice.

Wealth management firm Isio is to acquire fintech and AI-driven technology and investment firm Collidr for an undisclosed sum.

The FSCS has declared Essex-based financial adviser Capital Wealth Solutions Ltd (FRN: 536958) in default.

Clifton Wealth Partnership has acquired Hertfordshire-based Financial Planning firm Dukes IFA for an undisclosed sum.

The FSCS has declared Leicester-based Trust Financial Planning Limited (FRN: 407457) in default.

SSAS administrator and tax adviser WBR Group has acquired the small self-administered pension scheme (SSAS) book of Manchester‑based Financial Planning firm Carpenter Rees for an undisclosed sum.

Financial providers have been urged to overhaul how they design products, services and education for young people to reduce the widening gap between traditional financial services and the realities of young people’s lives.

Söderberg & Partners Platform, Seccl and Plannr have launched the second phase of their integration, which they say will allow Financial Planners and advisers to open and manage platform accounts end-to-end within a single system.