Nikhil Rathi, chief executive of the FCA, has called on financial services firms to back financial education and support services to improve consumer capability.

Gary Stran, a non-executive director at troubled wealth manager and Financial Planner WH Ireland, has quit the company today (5 November), two months ahead of his planned departure. The company’s chair Simon Moore may also depart early.

Plannex, formerly Financial Planning community NextGen, has acquired financial services training brand About Financial for an undisclosed amount and launched a new training business.

Inflation did not register as a concern for advisers researching investment options for their clients over the last quarter, according to Titan Square Mile’s quarterly Market Intelligence Report.

Assets under management for wealth manager and Financial Planner Evelyn Partners climbed to a record £67bn in the three months to the end of September as it reported a major systems integration project which will allow it to focus more on AI.

Chancellor Rachel Reeves took the unusual step this morning of making a speech in Downing Street about November’s Budget, some three weeks before the financial statement is due to be delivered in the House of Commons.

South west Financial Planner and accountancy firm Old Mill has been acquired by accountancy, wealth management and legal advisory business Kinbrook Group for an undisclosed amount.

The Nutmeg digital wealth manager brand has today been retired and clients will now find their investments through the JP Morgan Personal Investing app and website, which will also launch new Financial Planning tools.

Coventry-based BRI Wealth Management has completed its acquisition of Gloucestershire-based financial advisory firm, FutureFocus Advisory Limited, for an undisclosed amount.

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