Absolute Financial Groups has acquired four Financial Planning firms in the North West of England, adding £577m in assets under advice.

Three people have been arrested as part of an FCA crackdown on suspected illegal financial promotions.

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.