There was a concerning report this week from the respected Society of Trust and Estate Practitioners (STEP) warning that there is only one mainstream bank left willing to consider opening an account for a straight forward trust without being offered significant values or other incentives.

London-based Financial Planner First Wealth has expanded its team with the addition of three new Financial Planners.

Newbury-based Chartered Financial Planning firm Chester Rose Financial Planning has acquired Berkshire-based Bespoke IFA, adding £250m in Assets Under Advice.

The Financial Services Compensation Scheme has today declared a West Sussex Financial Planning firm with seven trading names as failed.

The FCA has pressed the go button on an initiative to see if super powerful quantum computing can be harnessed to cut financial crime.

There has been an increase in the number of active DFM portfolios with significant weightings in passive funds this year, according to a new report from Defaqto.

Pensions Minister Torsten Bell MP has emphasised the importance of responsible pension communication and warned about speculation across the pensions industry and the media.

Only one mainstream bank seems willing to consider opening an account for a straightforward trust without significant values or other financial incentives, according to a new report.

M&G says it received £1.8 billion of net inflows from open business in its third quarter helped by a booming annuity business.

Advisers Emma Medi Jones, Michelle Arnold, Louis Eyles, James Saddler, George Everett-Elliott, Rahul Trivedi and Nathan Emslie have joined the St James’s Place partnership as adviser partners.