FCA CEO Nikhil Rathi has pledged to “revolutionise financial advice” as part of a package of reforms to break down the barriers to business growth in financial services.

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The latest issue of Financial Planning Today magazine is now available and is packed with tips and insights for Financial Planners, Paraplanners, Wealth Managers and IFAs.

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Mutual investment and insurance provider Royal London has selected experienced financial services executive Isabel Hudson to be its next chair and a non-executive director.

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Chancellor Rachel Reeves has urged Britain’s regulators to “tear down” barriers to promote business growth.

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The FCA is set to boost staff numbers this year at its expanding Leeds office from 300 to 400 with the recruitment of 100 new employees.

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Three in five people (60%) are positive about their finances for 2025 in comparison to only half who felt this way going into 2024, according to new research.

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Rapidly expanding Swedish-owned wealth manager and Financial Planner Söderberg & Partners has invested in three Financial Planning firms as it continues its strategy of taking stakes in UK advisers.

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Changes to the treatment of pensions under new inheritance tax rules - due to take effect from 2027 - will exacerbate delays in probate cases, wealth manager and Financial Planner Quilter has warned.

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Wealth manager Brown Shipley has appointed Kate Richardson as a client adviser in London to strengthen its business across the south of the UK.

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Assets under management held steady for investment manager Premier Miton at £10.7bn in the fourth quarter of 2024, despite £33m in net outflows.

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