Pension services and SIPP provider STM has been acquired by Guernsey-based investment vehicle Pension SuperFund Capital in a £39.8m deal that was extended several times since first being announced in July.

Turbulent economic conditions and the Consumer Duty challenges have hit confidence in the future of the advice profession with 16% - one in six - of firm owners looking to sell or exit the market in the next 18 months.

The number of Financial Planners is set to grow according to wealth consultancy NextWealth, after its research showed that Financial Planners are younger and more ambitious than typical financial advisers.

Total assets managed by UK investment managers fell to £8.8 trillion in 2022 - down 12% year on year, according to the Investment Association’s (IA) annual Investment Management Survey.

The popularity of ESG investing is declining according to the annual ESG Attitudes Tracker from the Association of Investment Companies.

Fast-growing Financial Planner and wealth manager Kingswood Group has completed its acquisition of Sterling Trust Financial Consulting after making the final deferred consideration payment of £1.775m.

The FCA has revealed that on 22 August it imposed restrictions on London Court Limited (FRN 146522) for failings relating to the 'My Investment Hub' platform.

Experienced investment manager Justin Onuekwusi has begun his new role as chief investment officer (CIO) at wealth manager St James’s Place.

Wellington Court Financial Services Limited, which was declared in default by the FSCS in June, has had its temporary permissions revoked by the FCA.

London is among the worst UK regions for predicted post-retirement financial struggle, a new study by Scottish Widows has predicted, writes Emily Berry.