Sapia, the principal of failed wealth manager WealthTek LLP, has agreed to pay more than £19m to WealthTek clients after failing to protect their money.

The number of advised customers rose 7% year-on-year for platform AJ Bell to 189,000 in the first quarter of the year.

The number of adviser firms has fallen by 15% since 2021 although the number of advisers overall has remained steady at 31,000.

Paul Darvill is to join pension administrator SeaBridge SSAS as head of technical after over 30 years at SIPP and SSAS administrator Talbot and Muir.

An intensive marketing campaign helped drive rapid growth in new assets under influence in Q1 at Plymouth-based national IFA Continuum.

The House of Lords has rejected the Government’s latest amendment to the Pension Scheme Bill by 234 votes to 152, despite Government attempts to water down the Bill.

Fintel has sold Gateway Surveying Services Limited and APS Legal & Associates Limited to Kairos Professional Services Limited.

Inheritance tax (IHT) receipts rose 2% to £8.5bn in the 2025/26 tax year (2024/25: £8.2bn), marking a fifth consecutive annual record.

Two in three pension savers (62%) are unaware that unused savings held in their pensions will be included in their estate for inheritance tax purposes from April 2027, according to a new report.

The FCA has carried out its first operation to disrupt illegal peer-to-peer crypto trading across multiple London locations.