Leicester-based Trust Financial Planning (FRN: 407457) has entered liquidation after being subject to voluntary restrictions from the FCA earlier this year.

The UK investment management industry recorded 10% growth in assets under management to reach a new high of £10trn in 2024 (2023: £91trn).

The government is considering limiting the total value of one-off gifts that people can make during their lifetime under the potentially exempt transfer inheritance tax rules, according to reports.

Sasha Wiggins, chief executive of private banking and wealth management at Barclays, has been appointed chair of the UK’s government-backed new retail investment campaign.

The number of new whistleblowing reports received by the FCA rose 25% year on year to 315 between April and June (Q2 2024: 253 reports).

Net flows for Aviva’s wealth division rose 16% year-on-year to £5.8bn for the first half of the year, despite a dip in flows during the first quarter.

UK economic growth slowed to 0.3% between April and June although the figure was higher than the 0.1% expected.

The Financial Ombudsman Service has begun a consultation on whether to change its case fees, with businesses paying less for complaints resolved at an earlier stage.

Quilter was the most recommended adviser platform in the first half of 2025, maintaining the top spot for the second consecutive period, according to a new report.

Wealth manager Utmost Wealth Solutions has reported net inflows of £2bn for the first half of 2025, bringing a two-year streak of negative flows to an end.